Zhejiang Sanhua Intelligent ControlsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Sanhua Intelligent ControlsLtd has a total shareholder equity of CN¥17.4B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥30.3B and CN¥12.9B respectively. Zhejiang Sanhua Intelligent ControlsLtd's EBIT is CN¥3.3B making its interest coverage ratio 45.6. It has cash and short-term investments of CN¥6.0B.
Key information
21.4%
Debt to equity ratio
CN¥3.73b
Debt
| Interest coverage ratio | 45.6x |
| Cash | CN¥6.01b |
| Equity | CN¥17.42b |
| Total liabilities | CN¥12.92b |
| Total assets | CN¥30.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002050's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥11.6B).
Long Term Liabilities: 002050's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002050 has more cash than its total debt.
Reducing Debt: 002050's debt to equity ratio has reduced from 22.8% to 21.4% over the past 5 years.
Debt Coverage: 002050's debt is well covered by operating cash flow (102.4%).
Interest Coverage: 002050's interest payments on its debt are well covered by EBIT (45.6x coverage).