Zhenjiang Dongfang Electric Heating TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhenjiang Dongfang Electric Heating TechnologyLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.8B and CN¥2.7B respectively. Zhenjiang Dongfang Electric Heating TechnologyLtd's EBIT is CN¥397.6M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -12.5x |
| Cash | CN¥1.36b |
| Equity | CN¥4.07b |
| Total liabilities | CN¥2.68b |
| Total assets | CN¥6.76b |
Recent financial health updates
No updates
Recent updates
Zhenjiang Dongfang Electric Heating Technology Co.,Ltd (SZSE:300217) Shares Fly 37% But Investors Aren't Buying For Growth
Oct 10
Returns On Capital Are Showing Encouraging Signs At Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217)
Sep 26Benign 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¥5.2B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 300217's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥59.8M).
Debt to Equity History and Analysis
Debt Level: 300217 is debt free.
Reducing Debt: 300217 has no debt compared to 5 years ago when its debt to equity ratio was 20.2%.
Debt Coverage: 300217 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300217 has no debt, therefore coverage of interest payments is not a concern.