Jiangxi Zhengbang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Zhengbang TechnologyLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥610.7M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥18.7B and CN¥8.8B respectively.
Key information
6.2%
Debt to equity ratio
CN¥610.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.53b |
| Equity | CN¥9.88b |
| Total liabilities | CN¥8.78b |
| Total assets | CN¥18.66b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Jiangxi Zhengbang TechnologyLtd's (SZSE:002157) Earnings
Nov 06
Jiangxi Zhengbang TechnologyLtd's (SZSE:002157) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06There's Reason For Concern Over Jiangxi Zhengbang Technology Co.Ltd.'s (SZSE:002157) Price
Apr 21Financial Position Analysis
Short Term Liabilities: 002157's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002157's short term assets (CN¥5.6B) 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 116.6% to 6.2% 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 10:47 |
| End of Day Share Price | 2024/12/17 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
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Analyst Sources
Jiangxi Zhengbang Technology Co.Ltd. is covered by 12 analysts. 0 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 |
|---|---|
| Jia Chen | Changjiang Securities Co. LTD. |
| Jun Huang | China Merchants Securities Co. Ltd. |
| Xiaofeng Liu | China Minzu Securities |