Jiangsu ZongyiLTD Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu ZongyiLTD has a total shareholder equity of CN¥4.5B and total debt of CN¥234.1M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥5.2B and CN¥741.6M respectively.
Key information
5.2%
Debt to equity ratio
CN¥234.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.65b |
| Equity | CN¥4.50b |
| Total liabilities | CN¥741.55m |
| Total assets | CN¥5.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600770's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥414.3M).
Long Term Liabilities: 600770's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥327.3M).
Debt to Equity History and Analysis
Debt Level: 600770 has more cash than its total debt.
Reducing Debt: 600770's debt to equity ratio has reduced from 15% to 5.2% over the past 5 years.
Debt Coverage: 600770's debt is well covered by operating cash flow (44.5%).
Interest Coverage: Insufficient data to determine if 600770's interest payments on its debt are well covered by EBIT.