Henan ZhongGong Design & Research Group Balance Sheet Health
Financial Health criteria checks 3/6
Henan ZhongGong Design & Research Group has a total shareholder equity of CN¥2.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CN¥6.7B and CN¥4.0B respectively.
Key information
53.8%
Debt to equity ratio
CN¥1.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥611.39m |
| Equity | CN¥2.76b |
| Total liabilities | CN¥3.97b |
| Total assets | CN¥6.73b |
Recent financial health updates
No updates
Recent updates
Henan ZhongGong Design & Research Group Co., Ltd. (SZSE:300732) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Oct 14
Henan ZhongGong Design & Research Group (SZSE:300732) Is Reinvesting At Lower Rates Of Return
Sep 28Some Henan ZhongGong Design & Research Group Co., Ltd. (SZSE:300732) Shareholders Look For Exit As Shares Take 27% Pounding
Jun 17The Returns On Capital At Henan Communications Planning & Design Institute (SZSE:300732) Don't Inspire Confidence
Jun 02Weak Statutory Earnings May Not Tell The Whole Story For Henan Communications Planning & Design Institute (SZSE:300732)
May 06Financial Position Analysis
Short Term Liabilities: 300732's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300732's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300732's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 300732's debt to equity ratio has increased from 23.1% to 53.8% over the past 5 years.
Debt Coverage: 300732's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300732's interest payments on its debt are well covered by EBIT.