Jiangxi Zhengbang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Zhengbang TechnologyLtd has a total shareholder equity of CN¥8.9B and total debt of CN¥792.4M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥18.0B and CN¥9.1B respectively.
Key information
8.9%
Debt to equity ratio
CN¥792.43m
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.04b |
Equity | CN¥8.92b |
Total liabilities | CN¥9.07b |
Total assets | CN¥17.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002157's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 002157's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 002157 has more cash than its total debt.
Reducing Debt: 002157's debt to equity ratio has reduced from 136.9% to 8.9% over the past 5 years.
Debt Coverage: 002157's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002157's interest payments on its debt are well covered by EBIT.