Zhejiang Wanfeng ChemicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Wanfeng ChemicalLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥127.8M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥1.4B and CN¥348.7M respectively. Zhejiang Wanfeng ChemicalLtd's EBIT is CN¥27.3M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥424.3M.
Key information
12.3%
Debt to equity ratio
CN¥127.80m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥424.34m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥348.72m |
| Total assets | CN¥1.39b |
Recent financial health updates
No updates
Recent updates
Zhejiang Wanfeng ChemicalLtd's (SHSE:603172) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 05
Some Investors May Be Worried About Zhejiang Wanfeng ChemicalLtd's (SHSE:603172) Returns On Capital
Jul 23Zhejiang Wanfeng ChemicalLtd's (SHSE:603172) Anemic Earnings Might Be Worse Than You Think
May 01Financial Position Analysis
Short Term Liabilities: 603172's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥293.8M).
Long Term Liabilities: 603172's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥55.0M).
Debt to Equity History and Analysis
Debt Level: 603172 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603172's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603172's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 603172 earns more interest than it pays, so coverage of interest payments is not a concern.