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¥1.4B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are CN¥6.7B and CN¥3.9B respectively. Henan ZhongGong Design & Research Group's EBIT is CN¥27.6M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥609.0M.
Key information
50.6%
Debt to equity ratio
CN¥1.44b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥609.05m |
| Equity | CN¥2.84b |
| Total liabilities | CN¥3.86b |
| Total assets | CN¥6.70b |
Recent financial health updates
No updates
Recent updates
Henan ZhongGong Design & Research Group (SZSE:300732) Is Reinvesting At Lower Rates Of Return
Sep 28
Some 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¥2.5B).
Long Term Liabilities: 300732's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 300732's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 300732's debt to equity ratio has increased from 25.5% to 50.6% over the past 5 years.
Debt Coverage: 300732's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300732's interest payments on its debt are not well covered by EBIT (0.7x coverage).