Zhejiang Haiyan Power System Resources Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Haiyan Power System Resources Environmental TechnologyLtd has a total shareholder equity of CN¥492.3M and total debt of CN¥113.6M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥979.4M and CN¥487.1M respectively.
Key information
23.1%
Debt to equity ratio
CN¥113.62m
Debt
Interest coverage ratio | n/a |
Cash | CN¥80.94m |
Equity | CN¥492.31m |
Total liabilities | CN¥487.12m |
Total assets | CN¥979.42m |
Recent financial health updates
No updates
Recent updates
Zhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd. (SHSE:688565) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
Apr 16Zhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd.'s (SHSE:688565) Popularity With Investors Under Threat As Stock Sinks 26%
Feb 26Financial Position Analysis
Short Term Liabilities: 688565's short term assets (CN¥663.4M) exceed its short term liabilities (CN¥482.2M).
Long Term Liabilities: 688565's short term assets (CN¥663.4M) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 688565's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 688565's debt to equity ratio has increased from 6.5% to 23.1% over the past 5 years.
Debt Coverage: 688565's debt is well covered by operating cash flow (38.3%).
Interest Coverage: Insufficient data to determine if 688565's interest payments on its debt are well covered by EBIT.