ZHEJIANG NARADA POWER SOURCE Balance Sheet Health
Financial Health criteria checks 2/6
ZHEJIANG NARADA POWER SOURCE has a total shareholder equity of CN¥5.3B and total debt of CN¥9.3B, which brings its debt-to-equity ratio to 175%. Its total assets and total liabilities are CN¥19.8B and CN¥14.5B respectively.
Key information
175.0%
Debt to equity ratio
CN¥9.28b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.33b |
| Equity | CN¥5.30b |
| Total liabilities | CN¥14.52b |
| Total assets | CN¥19.82b |
Recent financial health updates
Recent updates
Further Upside For ZHEJIANG NARADA POWER SOURCE Co. , Ltd. (SZSE:300068) Shares Could Introduce Price Risks After 45% Bounce
Oct 03
ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Shares Not Telling The Full Story
Aug 19ZHEJIANG NARADA POWER SOURCE's (SZSE:300068) Strong Earnings Are Of Good Quality
Apr 30Market Cool On ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Revenues Pushing Shares 26% Lower
Apr 16Is ZHEJIANG NARADA POWER SOURCE (SZSE:300068) Using Too Much Debt?
Mar 22ZHEJIANG NARADA POWER SOURCE Co. , Ltd.'s (SZSE:300068) Subdued P/S Might Signal An Opportunity
Mar 01Financial Position Analysis
Short Term Liabilities: 300068's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: 300068's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 300068's net debt to equity ratio (131.1%) is considered high.
Reducing Debt: 300068's debt to equity ratio has increased from 69.8% to 175% over the past 5 years.
Debt Coverage: 300068's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: Insufficient data to determine if 300068's interest payments on its debt are well covered by EBIT.