Zhejiang Jianfeng Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jianfeng Group has a total shareholder equity of CN¥5.4B and total debt of CN¥570.4M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥7.0B and CN¥1.6B respectively. Zhejiang Jianfeng Group's EBIT is CN¥35.1M making its interest coverage ratio -11. It has cash and short-term investments of CN¥239.6M.
Key information
10.6%
Debt to equity ratio
CN¥570.44m
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥239.59m |
| Equity | CN¥5.37b |
| Total liabilities | CN¥1.64b |
| Total assets | CN¥7.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600668's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600668's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥295.3M).
Debt to Equity History and Analysis
Debt Level: 600668's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 600668's debt to equity ratio has reduced from 13.4% to 10.6% over the past 5 years.
Debt Coverage: 600668's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 600668 earns more interest than it pays, so coverage of interest payments is not a concern.