Shanghai Zhezhong Group Co.,Ltd

XSEC:002346 Stock Report

Market Cap: CN¥4.4b

Shanghai Zhezhong GroupLtd Balance Sheet Health

Financial Health criteria checks 5/6

Shanghai Zhezhong GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥483.4M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥3.9B and CN¥1.2B respectively. Shanghai Zhezhong GroupLtd's EBIT is CN¥159.2M making its interest coverage ratio 36.7. It has cash and short-term investments of CN¥202.2M.

Key information

18.0%

Debt to equity ratio

CN¥483.39m

Debt

Interest coverage ratio36.7x
CashCN¥202.17m
EquityCN¥2.69b
Total liabilitiesCN¥1.18b
Total assetsCN¥3.87b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 002346's short term assets (CN¥881.6M) exceed its short term liabilities (CN¥876.1M).

Long Term Liabilities: 002346's short term assets (CN¥881.6M) exceed its long term liabilities (CN¥308.3M).


Debt to Equity History and Analysis

Debt Level: 002346's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: 002346's debt to equity ratio has increased from 0% to 18% over the past 5 years.

Debt Coverage: 002346's debt is well covered by operating cash flow (21%).

Interest Coverage: 002346's interest payments on its debt are well covered by EBIT (36.7x coverage).


Balance Sheet


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