Jiangxi Zhengbang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangxi Zhengbang TechnologyLtd has a total shareholder equity of CN¥9.0B and total debt of CN¥539.1M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥18.3B and CN¥9.3B respectively.
Key information
6.0%
Debt to equity ratio
CN¥539.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.83b |
| Equity | CN¥9.04b |
| Total liabilities | CN¥9.29b |
| Total assets | CN¥18.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002157's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 002157's short term assets (CN¥5.3B) 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 118.1% to 6% 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.