Shenzhen Zhongheng Huafa Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Zhongheng Huafa has a total shareholder equity of CN¥372.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥592.7M and CN¥220.4M respectively. Shenzhen Zhongheng Huafa's EBIT is CN¥18.9M making its interest coverage ratio -16.2. It has cash and short-term investments of CN¥115.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -16.2x |
| Cash | CN¥115.74m |
| Equity | CN¥372.31m |
| Total liabilities | CN¥220.43m |
| Total assets | CN¥592.74m |
Recent financial health updates
No updates
Recent updates
Shenzhen Zhongheng Huafa's (SZSE:000020) Solid Earnings Have Been Accounted For Conservatively
Apr 29
Shenzhen Zhongheng Huafa Co., Ltd.'s (SZSE:000020) Popularity With Investors Under Threat As Stock Sinks 28%
Apr 22If EPS Growth Is Important To You, Shenzhen Zhongheng Huafa (SZSE:000020) Presents An Opportunity
Apr 17Returns At Shenzhen Zhongheng Huafa (SZSE:000020) Are On The Way Up
Mar 26Shenzhen Zhongheng Huafa Co., Ltd. (SZSE:000020) May Have Run Too Fast Too Soon With Recent 25% Price Plummet
Feb 27Financial Position Analysis
Short Term Liabilities: 000020's short term assets (CN¥351.5M) exceed its short term liabilities (CN¥217.9M).
Long Term Liabilities: 000020's short term assets (CN¥351.5M) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 000020 is debt free.
Reducing Debt: 000020 has no debt compared to 5 years ago when its debt to equity ratio was 42.1%.
Debt Coverage: 000020 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000020 has no debt, therefore coverage of interest payments is not a concern.