Jiangsu Zeyu Intelligent PowerLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Zeyu Intelligent PowerLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥532.7M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥3.5B and CN¥1.1B respectively. Jiangsu Zeyu Intelligent PowerLtd's EBIT is CN¥196.4M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥2.5B.
Key information
22.7%
Debt to equity ratio
CN¥532.68m
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥2.54b |
Equity | CN¥2.34b |
Total liabilities | CN¥1.13b |
Total assets | CN¥3.47b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301179's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301179's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.7M).
Debt to Equity History and Analysis
Debt Level: 301179 has more cash than its total debt.
Reducing Debt: 301179's debt to equity ratio has increased from 1.5% to 22.7% over the past 5 years.
Debt Coverage: 301179's debt is well covered by operating cash flow (24.7%).
Interest Coverage: 301179 earns more interest than it pays, so coverage of interest payments is not a concern.