Zhongfu Information Balance Sheet Health
Financial Health criteria checks 5/6
Zhongfu Information has a total shareholder equity of CN¥1.3B and total debt of CN¥249.6M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are CN¥1.8B and CN¥524.5M respectively.
Key information
19.4%
Debt to equity ratio
CN¥249.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥454.62m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥524.46m |
| Total assets | CN¥1.81b |
Recent financial health updates
Is Zhongfu Information (SZSE:300659) Weighed On By Its Debt Load?
Sep 24
Zhongfu Information (SZSE:300659) Has Debt But No Earnings; Should You Worry?
Apr 29Recent updates
Optimistic Investors Push Zhongfu Information Inc. (SZSE:300659) Shares Up 28% But Growth Is Lacking
Sep 27Is Zhongfu Information (SZSE:300659) Weighed On By Its Debt Load?
Sep 24Zhongfu Information (SZSE:300659) Has Debt But No Earnings; Should You Worry?
Apr 29Revenues Not Telling The Story For Zhongfu Information Inc. (SZSE:300659) After Shares Rise 35%
Mar 06Financial Position Analysis
Short Term Liabilities: 300659's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥494.6M).
Long Term Liabilities: 300659's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥29.9M).
Debt to Equity History and Analysis
Debt Level: 300659 has more cash than its total debt.
Reducing Debt: 300659's debt to equity ratio has increased from 0% to 19.4% 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: 300659 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300659 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 36.3% each year.