Zhenjiang Dongfang Electric Heating TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhenjiang Dongfang Electric Heating TechnologyLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥10.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.6B and CN¥2.6B respectively. Zhenjiang Dongfang Electric Heating TechnologyLtd's EBIT is CN¥479.8M making its interest coverage ratio -15.7. It has cash and short-term investments of CN¥1.2B.
Key information
0.0002%
Debt to equity ratio
CN¥10.00k
Debt
| Interest coverage ratio | -15.7x |
| Cash | CN¥1.19b |
| Equity | CN¥4.00b |
| Total liabilities | CN¥2.55b |
| Total assets | CN¥6.55b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217)
Sep 26
Benign Growth For Zhenjiang Dongfang Electric Heating Technology Co.,Ltd (SZSE:300217) Underpins Its Share Price
Jun 10Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217) Is Increasing Its Dividend To CN¥0.068
May 26Zhenjiang Dongfang Electric Heating TechnologyLtd's (SZSE:300217) Performance Raises Some Questions
May 02Here's Why Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217) Has Caught The Eye Of Investors
Apr 24Zhenjiang Dongfang Electric Heating Technology Co.,Ltd's (SZSE:300217) Earnings Are Not Doing Enough For Some Investors
Mar 01Financial Position Analysis
Short Term Liabilities: 300217's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 300217's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥60.6M).
Debt to Equity History and Analysis
Debt Level: 300217 has more cash than its total debt.
Reducing Debt: 300217's debt to equity ratio has reduced from 16.1% to 0% over the past 5 years.
Debt Coverage: 300217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300217 earns more interest than it pays, so coverage of interest payments is not a concern.