Zhejiang Zhongjian TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Zhongjian TechnologyLtd has a total shareholder equity of CN¥722.3M and total debt of CN¥2.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.1B and CN¥370.9M respectively. Zhejiang Zhongjian TechnologyLtd's EBIT is CN¥47.7M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥340.7M.
Key information
0.3%
Debt to equity ratio
CN¥1.96m
Debt
| Interest coverage ratio | -10.9x |
| Cash | CN¥340.66m |
| Equity | CN¥722.30m |
| Total liabilities | CN¥370.91m |
| Total assets | CN¥1.09b |
Recent financial health updates
No updates
Recent updates
After Leaping 27% Zhejiang Zhongjian Technology Co.,Ltd (SZSE:002779) Shares Are Not Flying Under The Radar
Aug 19
Some Zhejiang Zhongjian Technology Co.,Ltd (SZSE:002779) Shareholders Look For Exit As Shares Take 28% Pounding
Jul 04A Look At The Fair Value Of Zhejiang Zhongjian Technology Co.,Ltd (SZSE:002779)
Jun 19We Like These Underlying Return On Capital Trends At Zhejiang Zhongjian TechnologyLtd (SZSE:002779)
May 21Why Zhejiang Zhongjian TechnologyLtd's (SZSE:002779) Earnings Are Better Than They Seem
May 02Do Zhejiang Zhongjian TechnologyLtd's (SZSE:002779) Earnings Warrant Your Attention?
Apr 11Investors Appear Satisfied With Zhejiang Zhongjian Technology Co.,Ltd's (SZSE:002779) Prospects
Feb 28Financial Position Analysis
Short Term Liabilities: 002779's short term assets (CN¥749.5M) exceed its short term liabilities (CN¥346.1M).
Long Term Liabilities: 002779's short term assets (CN¥749.5M) exceed its long term liabilities (CN¥24.9M).
Debt to Equity History and Analysis
Debt Level: 002779 has more cash than its total debt.
Reducing Debt: 002779's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 002779's debt is well covered by operating cash flow (3649.1%).
Interest Coverage: 002779 earns more interest than it pays, so coverage of interest payments is not a concern.