Zhuhai Zhongfu Enterprise Co.,Ltd

SZSE:000659 Stock Report

Market Cap: CN¥1.9b

Zhuhai Zhongfu EnterpriseLtd Balance Sheet Health

Financial Health criteria checks 3/6

Zhuhai Zhongfu EnterpriseLtd has a total shareholder equity of CN¥235.1M and total debt of CN¥994.5M, which brings its debt-to-equity ratio to 423%. Its total assets and total liabilities are CN¥1.9B and CN¥1.6B respectively. Zhuhai Zhongfu EnterpriseLtd's EBIT is CN¥109.5M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥36.1M.

Key information

423.0%

Debt to equity ratio

CN¥994.47m

Debt

Interest coverage ratio1.2x
CashCN¥36.06m
EquityCN¥235.12m
Total liabilitiesCN¥1.63b
Total assetsCN¥1.87b

Recent financial health updates

No updates

Recent updates

Zhuhai Zhongfu Enterprise Co.,Ltd's (SZSE:000659) 32% Price Boost Is Out Of Tune With Revenues

Mar 08
Zhuhai Zhongfu Enterprise Co.,Ltd's (SZSE:000659) 32% Price Boost Is Out Of Tune With Revenues

Financial Position Analysis

Short Term Liabilities: 000659's short term assets (CN¥351.4M) do not cover its short term liabilities (CN¥1.5B).

Long Term Liabilities: 000659's short term assets (CN¥351.4M) exceed its long term liabilities (CN¥150.2M).


Debt to Equity History and Analysis

Debt Level: 000659's net debt to equity ratio (407.6%) is considered high.

Reducing Debt: 000659's debt to equity ratio has increased from 225.4% to 423% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 000659 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 000659 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.5% per year.


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