Zhejiang Chunhui Intelligent Control Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Chunhui Intelligent Control has a total shareholder equity of CN¥970.0M and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥1.2B and CN¥269.1M respectively. Zhejiang Chunhui Intelligent Control's EBIT is CN¥27.1M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥589.2M.
Key information
5.2%
Debt to equity ratio
CN¥50.00m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥589.21m |
Equity | CN¥970.02m |
Total liabilities | CN¥269.09m |
Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Zhejiang Chunhui Intelligent Control (SZSE:300943) Aren't Ideal
Jun 26Zhejiang Chunhui Intelligent Control (SZSE:300943) Will Pay A Smaller Dividend Than Last Year
May 27Zhejiang Chunhui Intelligent Control Co., Ltd.'s (SZSE:300943) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Mar 07Financial Position Analysis
Short Term Liabilities: 300943's short term assets (CN¥917.7M) exceed its short term liabilities (CN¥267.9M).
Long Term Liabilities: 300943's short term assets (CN¥917.7M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 300943 has more cash than its total debt.
Reducing Debt: 300943's debt to equity ratio has increased from 0% to 5.2% over the past 5 years.
Debt Coverage: 300943's debt is well covered by operating cash flow (152.1%).
Interest Coverage: 300943 earns more interest than it pays, so coverage of interest payments is not a concern.