Zhejiang Jinsheng New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Jinsheng New MaterialsLtd has a total shareholder equity of CN¥620.4M and total debt of CN¥124.8M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥802.5M and CN¥182.1M respectively.
Key information
20.1%
Debt to equity ratio
CN¥124.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥191.60m |
| Equity | CN¥620.42m |
| Total liabilities | CN¥182.08m |
| Total assets | CN¥802.50m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300849's short term assets (CN¥353.1M) exceed its short term liabilities (CN¥161.0M).
Long Term Liabilities: 300849's short term assets (CN¥353.1M) exceed its long term liabilities (CN¥21.1M).
Debt to Equity History and Analysis
Debt Level: 300849 has more cash than its total debt.
Reducing Debt: 300849's debt to equity ratio has increased from 1.9% to 20.1% over the past 5 years.
Debt Coverage: 300849's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: Insufficient data to determine if 300849's interest payments on its debt are well covered by EBIT.