Zhejiang Zone-King Environmental Sci&Tech Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Zone-King Environmental Sci&Tech has a total shareholder equity of CN¥238.7M and total debt of CN¥161.4M, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are CN¥608.6M and CN¥369.9M respectively.
Key information
67.6%
Debt to equity ratio
CN¥161.41m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥38.74m |
| Equity | CN¥238.68m |
| Total liabilities | CN¥369.93m |
| Total assets | CN¥608.61m |
Recent financial health updates
No updates
Recent updates
Zhejiang Zone-King Environmental Sci&Tech Co., Ltd. (SHSE:688701) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Oct 14
Zhejiang Zone-King Environmental Sci&Tech Co., Ltd.'s (SHSE:688701) Price Is Out Of Tune With Revenues
Aug 23Zhejiang Zone-King Environmental Sci&Tech Co., Ltd.'s (SHSE:688701) 34% Dip In Price Shows Sentiment Is Matching Revenues
Apr 16Zhejiang Zone-King Environmental Sci&Tech Co., Ltd.'s (SHSE:688701) Popularity With Investors Under Threat As Stock Sinks 27%
Feb 27Financial Position Analysis
Short Term Liabilities: 688701's short term assets (CN¥559.1M) exceed its short term liabilities (CN¥355.5M).
Long Term Liabilities: 688701's short term assets (CN¥559.1M) exceed its long term liabilities (CN¥14.5M).
Debt to Equity History and Analysis
Debt Level: 688701's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 688701's debt to equity ratio has increased from 31% to 67.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 688701 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 688701 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.4% per year.