Shanghai Zhongzhou Special Alloy Materials Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Zhongzhou Special Alloy Materials has a total shareholder equity of CN¥1.0B and total debt of CN¥293.6M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are CN¥1.8B and CN¥758.0M respectively. Shanghai Zhongzhou Special Alloy Materials's EBIT is CN¥88.0M making its interest coverage ratio 23.5. It has cash and short-term investments of CN¥93.8M.
Key information
28.1%
Debt to equity ratio
CN¥293.64m
Debt
| Interest coverage ratio | 23.5x |
| Cash | CN¥93.80m |
| Equity | CN¥1.04b |
| Total liabilities | CN¥757.97m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 01
Earnings Tell The Story For Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963) As Its Stock Soars 40%
Oct 08Earnings Tell The Story For Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963)
Jul 27Investors Could Be Concerned With Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Returns On Capital
May 31Shanghai Zhongzhou Special Alloy Materials' (SZSE:300963) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 29Shanghai Zhongzhou Special Alloy Materials Co., Ltd. (SZSE:300963) Held Back By Insufficient Growth Even After Shares Climb 29%
Mar 07Financial Position Analysis
Short Term Liabilities: 300963's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥606.8M).
Long Term Liabilities: 300963's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥151.1M).
Debt to Equity History and Analysis
Debt Level: 300963's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 300963's debt to equity ratio has reduced from 32.5% to 28.1% over the past 5 years.
Debt Coverage: 300963's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 300963's interest payments on its debt are well covered by EBIT (23.5x coverage).