Chengdu Zhimingda Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu Zhimingda Electronics has a total shareholder equity of CN¥1.1B and total debt of CN¥116.4M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.5B and CN¥400.5M respectively. Chengdu Zhimingda Electronics's EBIT is CN¥62.0M making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥32.0M.
Key information
10.8%
Debt to equity ratio
CN¥116.41m
Debt
| Interest coverage ratio | -6.9x |
| Cash | CN¥32.04m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥400.55m |
| Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Take Care Before Jumping Onto Chengdu Zhimingda Electronics Co., Ltd. (SHSE:688636) Even Though It's 25% Cheaper
Apr 23
Chengdu Zhimingda Electronics' (SHSE:688636) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 09Market Participants Recognise Chengdu Zhimingda Electronics Co., Ltd.'s (SHSE:688636) Earnings Pushing Shares 28% Higher
Mar 07Financial Position Analysis
Short Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥340.5M).
Long Term Liabilities: 688636's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥60.1M).
Debt to Equity History and Analysis
Debt Level: 688636's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 688636's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688636's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 688636 earns more interest than it pays, so coverage of interest payments is not a concern.