Jiangsu ZongyiLTD Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu ZongyiLTD has a total shareholder equity of CN¥4.5B and total debt of CN¥317.1M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥5.3B and CN¥830.7M respectively.
Key information
7.1%
Debt to equity ratio
CN¥317.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.53b |
| Equity | CN¥4.45b |
| Total liabilities | CN¥830.69m |
| Total assets | CN¥5.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600770's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥507.3M).
Long Term Liabilities: 600770's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥323.4M).
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 14% to 7.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600770 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600770 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.9% per year.