Zhejiang Jingxing Paper Joint Stock Co., Ltd.

SZSE:002067 Stock Report

Market Cap: CN¥4.4b

Zhejiang Jingxing Paper Balance Sheet Health

Financial Health criteria checks 3/6

Zhejiang Jingxing Paper has a total shareholder equity of CN¥5.6B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are CN¥8.4B and CN¥2.8B respectively. Zhejiang Jingxing Paper's EBIT is CN¥100.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥1.2B.

Key information

36.4%

Debt to equity ratio

CN¥2.03b

Debt

Interest coverage ratio2.5x
CashCN¥1.21b
EquityCN¥5.58b
Total liabilitiesCN¥2.80b
Total assetsCN¥8.37b

Recent financial health updates

No updates

Recent updates

Zhejiang Jingxing Paper (SZSE:002067) Strong Profits May Be Masking Some Underlying Issues

Nov 06
Zhejiang Jingxing Paper (SZSE:002067) Strong Profits May Be Masking Some Underlying Issues

Getting In Cheap On Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067) Is Unlikely

Sep 30
Getting In Cheap On Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067) Is Unlikely

Zhejiang Jingxing Paper's (SZSE:002067) Profits Appear To Have Quality Issues

May 03
Zhejiang Jingxing Paper's (SZSE:002067) Profits Appear To Have Quality Issues

Earnings Not Telling The Story For Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067)

Apr 17
Earnings Not Telling The Story For Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067)

Financial Position Analysis

Short Term Liabilities: 002067's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.5B).

Long Term Liabilities: 002067's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.3B).


Debt to Equity History and Analysis

Debt Level: 002067's net debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: 002067's debt to equity ratio has increased from 31.6% to 36.4% over the past 5 years.

Debt Coverage: 002067's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002067's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Discover healthy companies