Zhejiang Taihua New MaterialLtd Financial Health

Short Term Liabilities: 603055's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.3B).

Long Term Liabilities: 603055's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.2B).

Debt Level: 603055's net debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: 603055's debt to equity ratio has increased from 29% to 43.1% over the past 5 years.

Debt Coverage: 603055's debt is well covered by operating cash flow (41.2%).

Interest Coverage: 603055's interest payments on its debt are well covered by EBIT (5.2x coverage).

• Healthy companies in the Consumer Durables industry.