Zhonghong Pulin Medical Products Balance Sheet Health
Financial Health criteria checks 4/6
Zhonghong Pulin Medical Products has a total shareholder equity of CN¥5.8B and total debt of CN¥881.0M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥7.4B and CN¥1.6B respectively.
Key information
15.3%
Debt to equity ratio
CN¥881.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.70b |
| Equity | CN¥5.76b |
| Total liabilities | CN¥1.63b |
| Total assets | CN¥7.39b |
Recent financial health updates
Recent updates
Zhonghong Pulin Medical Products Co., Ltd.'s (SZSE:300981) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Nov 19
Zhonghong Pulin Medical Products Co., Ltd.'s (SZSE:300981) Revenues Are Not Doing Enough For Some Investors
Sep 25Is Zhonghong Pulin Medical Products (SZSE:300981) Using Too Much Debt?
Jun 28There Is A Reason Zhonghong Pulin Medical Products Co., Ltd.'s (SZSE:300981) Price Is Undemanding
Mar 21Financial Position Analysis
Short Term Liabilities: 300981's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300981's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥130.3M).
Debt to Equity History and Analysis
Debt Level: 300981 has more cash than its total debt.
Reducing Debt: 300981's debt to equity ratio has reduced from 72.6% to 15.3% over the past 5 years.
Debt Coverage: 300981's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300981's interest payments on its debt are well covered by EBIT.