Jiangsu Zhongshe Group Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Zhongshe Group has a total shareholder equity of CN¥778.7M and total debt of CN¥97.9M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥1.2B and CN¥406.8M respectively. Jiangsu Zhongshe Group's EBIT is CN¥22.3M making its interest coverage ratio 14.8. It has cash and short-term investments of CN¥115.7M.
Key information
12.6%
Debt to equity ratio
CN¥97.93m
Debt
| Interest coverage ratio | 14.8x |
| Cash | CN¥115.69m |
| Equity | CN¥778.71m |
| Total liabilities | CN¥406.81m |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Jiangsu Zhongshe Group Co., Ltd. (SZSE:002883) With Shares Advancing 36%
Oct 10
Jiangsu Zhongshe Group (SZSE:002883) Has Announced That Its Dividend Will Be Reduced To CN¥0.065
Jun 30Jiangsu Zhongshe Group's (SZSE:002883) Conservative Accounting Might Explain Soft Earnings
May 01Jiangsu Zhongshe Group Co., Ltd. (SZSE:002883) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Mar 01Financial Position Analysis
Short Term Liabilities: 002883's short term assets (CN¥995.4M) exceed its short term liabilities (CN¥402.8M).
Long Term Liabilities: 002883's short term assets (CN¥995.4M) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 002883 has more cash than its total debt.
Reducing Debt: 002883's debt to equity ratio has increased from 2.6% to 12.6% over the past 5 years.
Debt Coverage: 002883's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002883's interest payments on its debt are well covered by EBIT (14.8x coverage).