Beijing Electronic Zone High-tech Group Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Electronic Zone High-tech Group has a total shareholder equity of CN¥7.8B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are CN¥19.5B and CN¥11.6B respectively. Beijing Electronic Zone High-tech Group's EBIT is CN¥127.4M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥1.7B.
Key information
76.2%
Debt to equity ratio
CN¥5.96b
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥1.70b |
Equity | CN¥7.82b |
Total liabilities | CN¥11.64b |
Total assets | CN¥19.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600658's short term assets (CN¥11.2B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 600658's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥7.1B).
Debt to Equity History and Analysis
Debt Level: 600658's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: 600658's debt to equity ratio has increased from 56.6% to 76.2% over the past 5 years.
Debt Coverage: 600658's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600658's interest payments on its debt are not well covered by EBIT (0.6x coverage).