Zhejiang Jinggong Integration Technology Co., Ltd.

XSEC:002006 Stock Report

Market Cap: CN¥5.8b

Zhejiang Jinggong Integration Technology Balance Sheet Health

Financial Health criteria checks 5/6

Zhejiang Jinggong Integration Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥278.0M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥2.8B and CN¥1.4B respectively. Zhejiang Jinggong Integration Technology's EBIT is CN¥161.8M making its interest coverage ratio -21.9. It has cash and short-term investments of CN¥665.7M.

Key information

20.1%

Debt to equity ratio

CN¥278.00m

Debt

Interest coverage ratio-21.9x
CashCN¥665.67m
EquityCN¥1.38b
Total liabilitiesCN¥1.38b
Total assetsCN¥2.76b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002006's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 002006's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥27.1M).


Debt to Equity History and Analysis

Debt Level: 002006 has more cash than its total debt.

Reducing Debt: 002006's debt to equity ratio has reduced from 24.7% to 20.1% over the past 5 years.

Debt Coverage: 002006's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002006 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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