Jiangsu Zhongnan Construction Group Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Zhongnan Construction Group has a total shareholder equity of CN¥19.6B and total debt of CN¥43.0B, which brings its debt-to-equity ratio to 219.4%. Its total assets and total liabilities are CN¥221.3B and CN¥201.7B respectively.
Key information
219.4%
Debt to equity ratio
CN¥42.97b
Debt
Interest coverage ratio | n/a |
Cash | CN¥6.18b |
Equity | CN¥19.58b |
Total liabilities | CN¥201.69b |
Total assets | CN¥221.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000961's short term assets (CN¥171.2B) do not cover its short term liabilities (CN¥178.7B).
Long Term Liabilities: 000961's short term assets (CN¥171.2B) exceed its long term liabilities (CN¥22.9B).
Debt to Equity History and Analysis
Debt Level: 000961's net debt to equity ratio (187.9%) is considered high.
Reducing Debt: 000961's debt to equity ratio has reduced from 287.6% to 219.4% over the past 5 years.
Debt Coverage: 000961's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000961's interest payments on its debt are well covered by EBIT.