Jiaxing ZMAX Optech Balance Sheet Health
Financial Health criteria checks 5/6
Jiaxing ZMAX Optech has a total shareholder equity of CN¥844.9M and total debt of CN¥4.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.0B and CN¥190.5M respectively. Jiaxing ZMAX Optech's EBIT is CN¥48.4M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥168.6M.
Key information
0.6%
Debt to equity ratio
CN¥4.65m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥168.62m |
| Equity | CN¥844.93m |
| Total liabilities | CN¥190.52m |
| Total assets | CN¥1.04b |
Recent financial health updates
No updates
Recent updates
Jiaxing ZMAX Optech Co., Ltd. (SHSE:688307) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Nov 11
Jiaxing ZMAX Optech's (SHSE:688307) Solid Profits Have Weak Fundamentals
Aug 16Jiaxing ZMAX Optech (SHSE:688307) Could Be Struggling To Allocate Capital
Jun 07Getting In Cheap On Jiaxing ZMAX Optech Co., Ltd. (SHSE:688307) Is Unlikely
Apr 29Financial Position Analysis
Short Term Liabilities: 688307's short term assets (CN¥377.2M) exceed its short term liabilities (CN¥160.0M).
Long Term Liabilities: 688307's short term assets (CN¥377.2M) exceed its long term liabilities (CN¥30.5M).
Debt to Equity History and Analysis
Debt Level: 688307 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688307's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688307's debt is well covered by operating cash flow (2483.4%).
Interest Coverage: 688307 earns more interest than it pays, so coverage of interest payments is not a concern.