ZheJiang HuaSheng TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
ZheJiang HuaSheng TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.2B and CN¥41.3M respectively. ZheJiang HuaSheng TechnologyLtd's EBIT is CN¥35.7M making its interest coverage ratio -2. It has cash and short-term investments of CN¥468.3M.
Key information
0.9%
Debt to equity ratio
CN¥10.01m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥468.27m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥41.29m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Profits Appear To Have Quality Issues
Nov 06
Some Investors May Be Worried About ZheJiang HuaSheng TechnologyLtd's (SHSE:605180) Returns On Capital
Sep 27Returns On Capital At ZheJiang HuaSheng TechnologyLtd (SHSE:605180) Paint A Concerning Picture
Jun 07ZheJiang 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¥800.5M) exceed its short term liabilities (CN¥40.2M).
Long Term Liabilities: 605180's short term assets (CN¥800.5M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 605180 has more cash than its total debt.
Reducing Debt: 605180's debt to equity ratio has increased from 0.3% to 0.9% over the past 5 years.
Debt Coverage: 605180's debt is well covered by operating cash flow (102.2%).
Interest Coverage: 605180 earns more interest than it pays, so coverage of interest payments is not a concern.