Zhe Jiang Hai Liang Balance Sheet Health
Financial Health criteria checks 3/6
Zhe Jiang Hai Liang has a total shareholder equity of CN¥17.0B and total debt of CN¥22.8B, which brings its debt-to-equity ratio to 134.2%. Its total assets and total liabilities are CN¥44.9B and CN¥27.9B respectively. Zhe Jiang Hai Liang's EBIT is CN¥1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥6.1B.
Key information
134.2%
Debt to equity ratio
CN¥22.82b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥6.07b |
| Equity | CN¥17.00b |
| Total liabilities | CN¥27.88b |
| Total assets | CN¥44.88b |
Recent financial health updates
Recent updates
It's A Story Of Risk Vs Reward With Zhe Jiang Hai Liang Co., Ltd (SZSE:002203)
Nov 18
Here's What's Concerning About Zhe Jiang Hai Liang's (SZSE:002203) Returns On Capital
Sep 25Zhe Jiang Hai Liang's (SZSE:002203) Problems Go Beyond Weak Profit
Sep 06Here's Why Zhe Jiang Hai Liang (SZSE:002203) Has A Meaningful Debt Burden
Aug 16Zhe Jiang Hai Liang (SZSE:002203) Has Announced That It Will Be Increasing Its Dividend To CN¥0.17
Jul 12Improved Earnings Required Before Zhe Jiang Hai Liang Co., Ltd (SZSE:002203) Shares Find Their Feet
May 21If EPS Growth Is Important To You, Zhe Jiang Hai Liang (SZSE:002203) Presents An Opportunity
Apr 08Zhe Jiang Hai Liang (SZSE:002203) Is Reinvesting At Lower Rates Of Return
Mar 21Financial Position Analysis
Short Term Liabilities: 002203's short term assets (CN¥26.8B) exceed its short term liabilities (CN¥18.7B).
Long Term Liabilities: 002203's short term assets (CN¥26.8B) exceed its long term liabilities (CN¥9.2B).
Debt to Equity History and Analysis
Debt Level: 002203's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: 002203's debt to equity ratio has increased from 82.4% to 134.2% over the past 5 years.
Debt Coverage: 002203's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002203's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 03:17 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhe Jiang Hai Liang Co., Ltd is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fuzheng Wei | Avic Securities Co., Ltd |
| Chong Ao | Citic Securities Co., Ltd. |
| Lufa Ming | Founder Securities Co., Ltd. |