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
Zhongbai Holdings Group Co.,Ltd.'s (SZSE:000759) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Oct 01
Subdued 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.