Zhejiang Century Huatong GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Century Huatong GroupLtd has a total shareholder equity of CN¥27.0B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥39.3B and CN¥12.3B respectively. Zhejiang Century Huatong GroupLtd's EBIT is CN¥2.5B making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥5.3B.
Key information
15.8%
Debt to equity ratio
CN¥4.25b
Debt
| Interest coverage ratio | 7.1x |
| Cash | CN¥5.29b |
| Equity | CN¥26.97b |
| Total liabilities | CN¥12.33b |
| Total assets | CN¥39.30b |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Century Huatong GroupLtd (SZSE:002602) Is Using Debt Safely
Sep 25
We Think Zhejiang Century Huatong GroupLtd (SZSE:002602) Can Manage Its Debt With Ease
Jun 11Recent updates
Shareholders Can Be Confident That Zhejiang Century Huatong GroupLtd's (SZSE:002602) Earnings Are High Quality
Nov 06Zhejiang Century Huatong Group Co.,Ltd (SZSE:002602) Held Back By Insufficient Growth Even After Shares Climb 28%
Sep 30These 4 Measures Indicate That Zhejiang Century Huatong GroupLtd (SZSE:002602) Is Using Debt Safely
Sep 25The Returns On Capital At Zhejiang Century Huatong GroupLtd (SZSE:002602) Don't Inspire Confidence
Aug 07Zhejiang Century Huatong Group Co.,Ltd's (SZSE:002602) Share Price Is Matching Sentiment Around Its Revenues
Jul 01We Think Zhejiang Century Huatong GroupLtd (SZSE:002602) Can Manage Its Debt With Ease
Jun 11Zhejiang Century Huatong GroupLtd's (SZSE:002602) Earnings May Just Be The Starting Point
May 06A Look At The Intrinsic Value Of Zhejiang Century Huatong Group Co.,Ltd (SZSE:002602)
Apr 29Some Investors May Be Worried About Zhejiang Century Huatong GroupLtd's (SZSE:002602) Returns On Capital
Mar 18Lacklustre Performance Is Driving Zhejiang Century Huatong Group Co.,Ltd's (SZSE:002602) Low P/S
Feb 29Financial Position Analysis
Short Term Liabilities: 002602's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥10.5B).
Long Term Liabilities: 002602's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002602 has more cash than its total debt.
Reducing Debt: 002602's debt to equity ratio has increased from 15.3% to 15.8% over the past 5 years.
Debt Coverage: 002602's debt is well covered by operating cash flow (95.6%).
Interest Coverage: 002602's interest payments on its debt are well covered by EBIT (7.1x coverage).