Zhongbai Holdings GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhongbai Holdings GroupLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are CN¥11.0B and CN¥9.0B respectively.
Key information
64.5%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.22b |
| Equity | CN¥2.00b |
| Total liabilities | CN¥8.98b |
| Total assets | CN¥10.98b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Zhongbai Holdings Group Co.,Ltd. (SZSE:000759) Stock's 26% Jump Looks Justified
Dec 09
Zhongbai Holdings Group Co.,Ltd.'s (SZSE:000759) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Oct 01Subdued Growth No Barrier To Zhongbai Holdings Group Co.,Ltd.'s (SZSE:000759) Price
Jul 24Zhongbai Holdings Group Co.,Ltd. (SZSE:000759) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Mar 18Financial Position Analysis
Short Term Liabilities: 000759's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥6.7B).
Long Term Liabilities: 000759's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 000759's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 000759's debt to equity ratio has increased from 22.7% to 64.5% over the past 5 years.
Debt Coverage: 000759's debt is well covered by operating cash flow (26.5%).
Interest Coverage: Insufficient data to determine if 000759's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhongbai Holdings Group Co.,Ltd. is covered by 23 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shaoshen Zhang | Avic Securities Co., Ltd |
| ZHENG YUAN | BOCI Research Ltd. |
| Lan Tong | Changjiang Securities Co. LTD. |