Zhewen Interactive Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhewen Interactive Group has a total shareholder equity of CN¥5.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CN¥8.1B and CN¥3.0B respectively. Zhewen Interactive Group's EBIT is CN¥108.9M making its interest coverage ratio -116.1. It has cash and short-term investments of CN¥1.2B.
Key information
22.5%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | -116.1x |
| Cash | CN¥1.24b |
| Equity | CN¥5.08b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥8.12b |
Recent financial health updates
No updates
Recent updates
Zhewen Interactive Group Co., Ltd.'s (SHSE:600986) Price Is Out Of Tune With Earnings
Jun 25
Zhewen Interactive Group's (SHSE:600986) Earnings Might Not Be As Promising As They Seem
Apr 26Zhewen Interactive Group Co., Ltd. (SHSE:600986) Soars 25% But It's A Story Of Risk Vs Reward
Mar 21Zhewen Interactive Group (SHSE:600986) Will Be Hoping To Turn Its Returns On Capital Around
Mar 18Financial Position Analysis
Short Term Liabilities: 600986's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 600986's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥57.0M).
Debt to Equity History and Analysis
Debt Level: 600986 has more cash than its total debt.
Reducing Debt: 600986's debt to equity ratio has increased from 12.7% to 22.5% over the past 5 years.
Debt Coverage: 600986's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600986 earns more interest than it pays, so coverage of interest payments is not a concern.