Beijing Zhidemai Technology Balance Sheet Health
Financial Health criteria checks 5/6
Beijing Zhidemai Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥106.7M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥2.2B and CN¥316.0M respectively. Beijing Zhidemai Technology's EBIT is CN¥52.0M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥812.0M.
Key information
5.8%
Debt to equity ratio
CN¥106.70m
Debt
Interest coverage ratio | -4.5x |
Cash | CN¥811.95m |
Equity | CN¥1.84b |
Total liabilities | CN¥315.97m |
Total assets | CN¥2.16b |
Recent financial health updates
No updates
Recent updates
With 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¥1.4B) exceed its short term liabilities (CN¥205.0M).
Long Term Liabilities: 300785's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥111.0M).
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 increased from 0% to 5.8% over the past 5 years.
Debt Coverage: 300785's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 300785 earns more interest than it pays, so coverage of interest payments is not a concern.