Chongqing Zaisheng Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Zaisheng Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥458.8M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are CN¥3.2B and CN¥848.3M respectively. Chongqing Zaisheng Technology's EBIT is CN¥47.8M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥706.6M.
Key information
19.9%
Debt to equity ratio
CN¥458.82m
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥706.63m |
| Equity | CN¥2.31b |
| Total liabilities | CN¥848.26m |
| Total assets | CN¥3.16b |
Recent financial health updates
No updates
Recent updates
What Chongqing Zaisheng Technology Co., Ltd.'s (SHSE:603601) P/S Is Not Telling You
Sep 30
What Does The Future Hold For Chongqing Zaisheng Technology Co., Ltd. (SHSE:603601)? These Analysts Have Been Cutting Their Estimates
May 01Chongqing Zaisheng Technology Co., Ltd.'s (SHSE:603601) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 19Financial Position Analysis
Short Term Liabilities: 603601's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥286.2M).
Long Term Liabilities: 603601's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥562.1M).
Debt to Equity History and Analysis
Debt Level: 603601 has more cash than its total debt.
Reducing Debt: 603601's debt to equity ratio has reduced from 25.8% to 19.9% over the past 5 years.
Debt Coverage: 603601's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 603601's interest payments on its debt are well covered by EBIT (3.1x coverage).