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.