ZheJiang HuaSheng TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
ZheJiang HuaSheng TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥26.2M respectively. ZheJiang HuaSheng TechnologyLtd's EBIT is CN¥35.7M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥460.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥460.22m |
Equity | CN¥1.12b |
Total liabilities | CN¥26.21m |
Total assets | CN¥1.15b |
Recent financial health updates
No updates
Recent updates
ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 02ZheJiang HuaSheng Technology Co.,Ltd (SHSE:605180) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Apr 29ZheJiang HuaSheng Technology Co.,Ltd's (SHSE:605180) 27% Share Price Surge Not Quite Adding Up
Mar 08Financial Position Analysis
Short Term Liabilities: 605180's short term assets (CN¥813.2M) exceed its short term liabilities (CN¥25.0M).
Long Term Liabilities: 605180's short term assets (CN¥813.2M) exceed its long term liabilities (CN¥1.2M).
Debt to Equity History and Analysis
Debt Level: 605180 is debt free.
Reducing Debt: 605180 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 605180 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605180 has no debt, therefore coverage of interest payments is not a concern.