Zhejiang Benli Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Benli Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥11.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.6B and CN¥329.8M respectively. Zhejiang Benli Technology's EBIT is CN¥50.7M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥661.3M.
Key information
0.9%
Debt to equity ratio
CN¥11.00m
Debt
| Interest coverage ratio | -3.5x |
| Cash | CN¥661.35m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥329.81m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Zhejiang Benli Technology's (SZSE:301065) Performance Is Even Better Than Its Earnings Suggest
Nov 01
What Zhejiang Benli Technology Co., Ltd.'s (SZSE:301065) 42% Share Price Gain Is Not Telling You
Aug 08Zhejiang Benli Technology (SZSE:301065) Will Pay A Smaller Dividend Than Last Year
Jun 19Lacklustre Performance Is Driving Zhejiang Benli Technology Co., Ltd.'s (SZSE:301065) Low P/E
Jun 07We Think You Should Be Aware Of Some Concerning Factors In Zhejiang Benli Technology's (SZSE:301065) Earnings
May 02Earnings Not Telling The Story For Zhejiang Benli Technology Co., Ltd. (SZSE:301065) After Shares Rise 30%
Mar 08Financial Position Analysis
Short Term Liabilities: 301065's short term assets (CN¥981.9M) exceed its short term liabilities (CN¥280.0M).
Long Term Liabilities: 301065's short term assets (CN¥981.9M) exceed its long term liabilities (CN¥49.8M).
Debt to Equity History and Analysis
Debt Level: 301065 has more cash than its total debt.
Reducing Debt: 301065's debt to equity ratio has reduced from 11.1% to 0.9% over the past 5 years.
Debt Coverage: 301065's debt is well covered by operating cash flow (2876.1%).
Interest Coverage: 301065 earns more interest than it pays, so coverage of interest payments is not a concern.