Zhongji Innolight Co., Ltd.

SZSE:300308 Stock Report

Mkt Cap: CN¥22.9b

Zhongji Innolight Financial Health

How is Zhongji Innolight's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300308's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥3.2B).

Long Term Liabilities: 300308's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.5B).


Debt to Equity History and Analysis

Debt Level: 300308 has more cash than its total debt.

Reducing Debt: 300308's debt to equity ratio has increased from 18.1% to 18.1% over the past 5 years.

Debt Coverage: 300308's debt is well covered by operating cash flow (88.9%).

Interest Coverage: 300308 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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