Ningbo Zhongbai Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Zhongbai has a total shareholder equity of CN¥844.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥993.7M and CN¥149.5M respectively. Ningbo Zhongbai's EBIT is CN¥7.1M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥511.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥511.01m |
| Equity | CN¥844.21m |
| Total liabilities | CN¥149.46m |
| Total assets | CN¥993.67m |
Recent financial health updates
No updates
Recent updates
Ningbo Zhongbai Co., Ltd.'s (SHSE:600857) 29% Share Price Surge Not Quite Adding Up
Nov 12
Ningbo Zhongbai's (SHSE:600857) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Oct 01Ningbo Zhongbai's (SHSE:600857) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 11Investors Will Want Ningbo Zhongbai's (SHSE:600857) Growth In ROCE To Persist
Jun 06Some May Be Optimistic About Ningbo Zhongbai's (SHSE:600857) Earnings
May 06Why We're Not Concerned About Ningbo Zhongbai Co., Ltd.'s (SHSE:600857) Share Price
Apr 22Financial Position Analysis
Short Term Liabilities: 600857's short term assets (CN¥558.2M) exceed its short term liabilities (CN¥117.5M).
Long Term Liabilities: 600857's short term assets (CN¥558.2M) exceed its long term liabilities (CN¥32.0M).
Debt to Equity History and Analysis
Debt Level: 600857 is debt free.
Reducing Debt: 600857 has not had any debt for past 5 years.
Debt Coverage: 600857 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600857 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Zhongbai Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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