Zhongyan Technology Co., Ltd.

SZSE:003001 Stock Report

Market Cap: CN¥3.3b

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
CashCN¥437.93m
EquityCN¥1.18b
Total liabilitiesCN¥699.56m
Total assetsCN¥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
Pinning Down Zhongyan Technology Co., Ltd.'s (SZSE:003001) P/S Is Difficult Right Now

What Zhongyan Technology Co., Ltd.'s (SZSE:003001) 28% Share Price Gain Is Not Telling You

Jun 25
What Zhongyan Technology Co., Ltd.'s (SZSE:003001) 28% Share Price Gain Is Not Telling You

Be Wary Of Zhongyan Technology (SZSE:003001) And Its Returns On Capital

Jun 07
Be Wary Of Zhongyan Technology (SZSE:003001) And Its Returns On Capital

Zhongyan Technology's (SZSE:003001) Promising Earnings May Rest On Soft Foundations

Apr 25
Zhongyan Technology's (SZSE:003001) Promising Earnings May Rest On Soft Foundations

Zhongyan Technology Co., Ltd.'s (SZSE:003001) Shareholders Might Be Looking For Exit

Mar 06
Zhongyan Technology Co., Ltd.'s (SZSE:003001) Shareholders Might Be Looking For Exit

Financial 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.


Balance Sheet


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