Beijing Zhidemai Technology Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Zhidemai Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥146.2M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥2.3B and CN¥436.7M respectively. Beijing Zhidemai Technology's EBIT is CN¥61.6M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥770.6M.
Key information
7.9%
Debt to equity ratio
CN¥146.24m
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥770.58m |
| Equity | CN¥1.84b |
| Total liabilities | CN¥436.74m |
| Total assets | CN¥2.28b |
Recent financial health updates
Recent updates
Beijing Zhidemai Technology Co., Ltd. (SZSE:300785) Held Back By Insufficient Growth Even After Shares Climb 29%
Nov 11
Beijing Zhidemai Technology (SZSE:300785) Has A Pretty Healthy Balance Sheet
Oct 14Beijing Zhidemai Technology Co., Ltd. (SZSE:300785) Stocks Shoot Up 42% But Its P/E Still Looks Reasonable
Sep 25Returns On Capital At Beijing Zhidemai Technology (SZSE:300785) Paint A Concerning Picture
Sep 23With A 27% Price Drop For Beijing Zhidemai Technology Co., Ltd. (SZSE:300785) You'll Still Get What You Pay For
Jun 06Why We're Not Concerned Yet About Beijing Zhidemai Technology Co., Ltd.'s (SZSE:300785) 26% Share Price Plunge
Apr 21Beijing Zhidemai Technology's (SZSE:300785) Returns On Capital Not Reflecting Well On The Business
Apr 17Beijing Zhidemai Technology Co., Ltd.'s (SZSE:300785) P/E Is Still On The Mark Following 35% Share Price Bounce
Mar 01Is It Time To Consider Buying Beijing Zhidemai Technology Co., Ltd. (SZSE:300785)?
Feb 27Financial Position Analysis
Short Term Liabilities: 300785's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥288.7M).
Long Term Liabilities: 300785's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥148.0M).
Debt to Equity History and Analysis
Debt Level: 300785 has more cash than its total debt.
Reducing Debt: 300785's debt to equity ratio has reduced from 12.5% to 7.9% over the past 5 years.
Debt Coverage: 300785's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 300785 earns more interest than it pays, so coverage of interest payments is not a concern.