Zhongyan Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhongyan Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥24.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.9B and CN¥699.6M respectively. Zhongyan Technology's EBIT is CN¥46.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥437.9M.
Key information
2.1%
Debt to equity ratio
CN¥24.42m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥437.93m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥699.56m |
| Total assets | CN¥1.88b |
Recent financial health updates
No updates
Recent updates
Pinning Down Zhongyan Technology Co., Ltd.'s (SZSE:003001) P/S Is Difficult Right Now
Sep 28
What Zhongyan Technology Co., Ltd.'s (SZSE:003001) 28% Share Price Gain Is Not Telling You
Jun 25Be Wary Of Zhongyan Technology (SZSE:003001) And Its Returns On Capital
Jun 07Zhongyan Technology's (SZSE:003001) Promising Earnings May Rest On Soft Foundations
Apr 25Zhongyan Technology Co., Ltd.'s (SZSE:003001) Shareholders Might Be Looking For Exit
Mar 06Financial Position Analysis
Short Term Liabilities: 003001's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥691.8M).
Long Term Liabilities: 003001's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 003001 has more cash than its total debt.
Reducing Debt: 003001's debt to equity ratio has increased from 1.9% to 2.1% over the past 5 years.
Debt Coverage: 003001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003001 earns more interest than it pays, so coverage of interest payments is not a concern.