Shenzhen Zhongzhuang Construction GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Zhongzhuang Construction GroupLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are CN¥8.1B and CN¥5.3B respectively.
Key information
89.1%
Debt to equity ratio
CN¥2.54b
Debt
Interest coverage ratio | n/a |
Cash | CN¥648.73m |
Equity | CN¥2.85b |
Total liabilities | CN¥5.26b |
Total assets | CN¥8.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002822's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 002822's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002822's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: 002822's debt to equity ratio has increased from 65.4% to 89.1% over the past 5 years.
Debt Coverage: 002822's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: Insufficient data to determine if 002822's interest payments on its debt are well covered by EBIT.