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¥51.2M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are CN¥1.8B and CN¥560.0M respectively. Zhongyan Technology's EBIT is CN¥29.1M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥468.6M.
Key information
4.3%
Debt to equity ratio
CN¥51.16m
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥468.64m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥559.96m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Recent updates
Zhongyan Technology's (SZSE:003001) Profits Appear To Have Quality Issues
Nov 07
Pinning Down Zhongyan Technology Co., Ltd.'s (SZSE:003001) P/S Is Difficult Right Now
Sep 28What 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¥1.5B) exceed its short term liabilities (CN¥552.7M).
Long Term Liabilities: 003001's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥7.2M).
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 1.7% to 4.3% over the past 5 years.
Debt Coverage: 003001's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 003001 earns more interest than it pays, so coverage of interest payments is not a concern.