Zhejiang Chengchang Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Chengchang Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥48.0M respectively. Zhejiang Chengchang Technology's EBIT is CN¥29.6M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥392.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥392.44m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥48.04m |
| Total assets | CN¥1.44b |
Recent financial health updates
No updates
Recent updates
Zhejiang Chengchang Technology's (SZSE:001270) Dividend Will Be Reduced To CN¥0.20
Apr 29
We Think That There Are More Issues For Zhejiang Chengchang Technology (SZSE:001270) Than Just Sluggish Earnings
Apr 05These Analysts Just Made A Huge Downgrade To Their Zhejiang Chengchang Technology Co., Ltd. (SZSE:001270) EPS Forecasts
Apr 04Earnings Miss: Zhejiang Chengchang Technology Co., Ltd. Missed EPS By 55% And Analysts Are Revising Their Forecasts
Apr 03Financial Position Analysis
Short Term Liabilities: 001270's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥26.7M).
Long Term Liabilities: 001270's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥21.4M).
Debt to Equity History and Analysis
Debt Level: 001270 is debt free.
Reducing Debt: 001270 has no debt compared to 5 years ago when its debt to equity ratio was 13.7%.
Debt Coverage: 001270 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001270 has no debt, therefore coverage of interest payments is not a concern.