Shanghai Zhezhong GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Zhezhong GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥483.4M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥3.9B and CN¥1.2B respectively. Shanghai Zhezhong GroupLtd's EBIT is CN¥159.2M making its interest coverage ratio 36.7. It has cash and short-term investments of CN¥202.2M.
Key information
18.0%
Debt to equity ratio
CN¥483.39m
Debt
| Interest coverage ratio | 36.7x |
| Cash | CN¥202.17m |
| Equity | CN¥2.69b |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥3.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002346's short term assets (CN¥881.6M) exceed its short term liabilities (CN¥876.1M).
Long Term Liabilities: 002346's short term assets (CN¥881.6M) exceed its long term liabilities (CN¥308.3M).
Debt to Equity History and Analysis
Debt Level: 002346's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 002346's debt to equity ratio has increased from 0% to 18% over the past 5 years.
Debt Coverage: 002346's debt is well covered by operating cash flow (21%).
Interest Coverage: 002346's interest payments on its debt are well covered by EBIT (36.7x coverage).