Shenzhen Zhongheng Huafa Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Zhongheng Huafa has a total shareholder equity of CN¥381.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥658.9M and CN¥277.8M respectively. Shenzhen Zhongheng Huafa's EBIT is CN¥23.1M making its interest coverage ratio -19.9. It has cash and short-term investments of CN¥141.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -19.9x |
| Cash | CN¥141.64m |
| Equity | CN¥381.16m |
| Total liabilities | CN¥277.78m |
| Total assets | CN¥658.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200020's short term assets (CN¥421.1M) exceed its short term liabilities (CN¥275.5M).
Long Term Liabilities: 200020's short term assets (CN¥421.1M) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 200020 is debt free.
Reducing Debt: 200020 has no debt compared to 5 years ago when its debt to equity ratio was 37%.
Debt Coverage: 200020 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 200020 has no debt, therefore coverage of interest payments is not a concern.