China Zhenhua (Group) Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
China Zhenhua (Group) Science & Technology has a total shareholder equity of CN¥14.4B and total debt of CN¥995.1M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥17.7B and CN¥3.3B respectively. China Zhenhua (Group) Science & Technology's EBIT is CN¥1.3B making its interest coverage ratio -35.5. It has cash and short-term investments of CN¥4.8B.
Key information
6.9%
Debt to equity ratio
CN¥995.14m
Debt
| Interest coverage ratio | -35.5x |
| Cash | CN¥4.75b |
| Equity | CN¥14.43b |
| Total liabilities | CN¥3.26b |
| Total assets | CN¥17.69b |
Recent financial health updates
China Zhenhua (Group) Science & Technology (SZSE:000733) Has A Pretty Healthy Balance Sheet
Oct 24
China Zhenhua (Group) Science & Technology (SZSE:000733) Seems To Use Debt Quite Sensibly
Jun 13Recent updates
China Zhenhua (Group) Science & Technology (SZSE:000733) Is Experiencing Growth In Returns On Capital
Dec 13Earnings Miss: Here's What China Zhenhua (Group) Science & Technology Co., Ltd (SZSE:000733) Analysts Are Forecasting For Next Year
Oct 29China Zhenhua (Group) Science & Technology (SZSE:000733) Has A Pretty Healthy Balance Sheet
Oct 24China Zhenhua (Group) Science & Technology Co., Ltd's (SZSE:000733) Share Price Boosted 37% But Its Business Prospects Need A Lift Too
Oct 08Returns Are Gaining Momentum At China Zhenhua (Group) Science & Technology (SZSE:000733)
Sep 11China Zhenhua (Group) Science & Technology Co., Ltd's (SZSE:000733) Low P/E No Reason For Excitement
Jul 13China Zhenhua (Group) Science & Technology (SZSE:000733) Seems To Use Debt Quite Sensibly
Jun 13China Zhenhua (Group) Science & Technology (SZSE:000733) Is Looking To Continue Growing Its Returns On Capital
May 22China Zhenhua (Group) Science & Technology's (SZSE:000733) Shareholders Have More To Worry About Than Only Soft Earnings
May 03China Zhenhua (Group) Science & Technology Co., Ltd's (SZSE:000733) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Mar 01Financial Position Analysis
Short Term Liabilities: 000733's short term assets (CN¥13.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000733's short term assets (CN¥13.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000733 has more cash than its total debt.
Reducing Debt: 000733's debt to equity ratio has reduced from 28% to 6.9% over the past 5 years.
Debt Coverage: 000733's debt is well covered by operating cash flow (215.4%).
Interest Coverage: 000733 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
China Zhenhua (Group) Science & Technology Co., Ltd is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Chao Wang | China Merchants Securities Co. Ltd. |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |