Zhonghong Pulin Medical Products Balance Sheet Health
Financial Health criteria checks 5/6
Zhonghong Pulin Medical Products has a total shareholder equity of CN¥6.0B and total debt of CN¥540.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥7.2B and CN¥1.2B respectively. Zhonghong Pulin Medical Products's EBIT is CN¥3.7M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥2.7B.
Key information
8.9%
Debt to equity ratio
CN¥540.74m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥2.67b |
| Equity | CN¥6.05b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥7.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300981's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥784.6M).
Long Term Liabilities: 300981's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥416.8M).
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 83.1% to 8.9% over the past 5 years.
Debt Coverage: 300981's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 300981 earns more interest than it pays, so coverage of interest payments is not a concern.