Zhefu Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhefu Holding Group has a total shareholder equity of CN¥11.3B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are CN¥23.2B and CN¥12.0B respectively. Zhefu Holding Group's EBIT is CN¥600.8M making its interest coverage ratio 6. It has cash and short-term investments of CN¥3.5B.
Key information
45.6%
Debt to equity ratio
CN¥5.14b
Debt
Interest coverage ratio | 6x |
Cash | CN¥3.48b |
Equity | CN¥11.29b |
Total liabilities | CN¥11.95b |
Total assets | CN¥23.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002266's short term assets (CN¥14.5B) exceed its short term liabilities (CN¥10.3B).
Long Term Liabilities: 002266's short term assets (CN¥14.5B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 002266's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 002266's debt to equity ratio has increased from 33% to 45.6% over the past 5 years.
Debt Coverage: 002266's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 002266's interest payments on its debt are well covered by EBIT (6x coverage).