Jiangsu Zhongshe Group Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Zhongshe Group has a total shareholder equity of CN¥786.4M and total debt of CN¥91.8M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥1.2B and CN¥449.9M respectively. Jiangsu Zhongshe Group's EBIT is CN¥49.6M making its interest coverage ratio 80.2. It has cash and short-term investments of CN¥186.0M.
Key information
11.7%
Debt to equity ratio
CN¥91.79m
Debt
Interest coverage ratio | 80.2x |
Cash | CN¥186.00m |
Equity | CN¥786.36m |
Total liabilities | CN¥449.89m |
Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
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¥1.0B) exceed its short term liabilities (CN¥444.4M).
Long Term Liabilities: 002883's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥5.5M).
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 0% to 11.7% over the past 5 years.
Debt Coverage: 002883's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 002883's interest payments on its debt are well covered by EBIT (80.2x coverage).