Zhengping Road & Bridge ConstructionLtd Balance Sheet Health
Financial Health criteria checks 1/6
Zhengping Road & Bridge ConstructionLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 173.1%. Its total assets and total liabilities are CN¥8.7B and CN¥7.4B respectively.
Key information
173.1%
Debt to equity ratio
CN¥2.21b
Debt
Interest coverage ratio | n/a |
Cash | CN¥333.31m |
Equity | CN¥1.28b |
Total liabilities | CN¥7.38b |
Total assets | CN¥8.66b |
Recent financial health updates
No updates
Recent updates
Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jun 05Zhengping Road & Bridge Construction Co.,Ltd.'s (SHSE:603843) 27% Price Boost Is Out Of Tune With Revenues
Apr 12Zhengping Road & Bridge Construction Co.,Ltd. (SHSE:603843) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Feb 26Financial Position Analysis
Short Term Liabilities: 603843's short term assets (CN¥5.0B) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: 603843's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥957.5M).
Debt to Equity History and Analysis
Debt Level: 603843's net debt to equity ratio (146.9%) is considered high.
Reducing Debt: 603843's debt to equity ratio has increased from 101.5% to 173.1% over the past 5 years.
Debt Coverage: 603843's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if 603843's interest payments on its debt are well covered by EBIT.