Hangzhou Jizhi Mechatronic Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Jizhi Mechatronic has a total shareholder equity of CN¥743.2M and total debt of CN¥383.7M, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥1.4B and CN¥625.6M respectively.
Key information
51.6%
Debt to equity ratio
CN¥383.68m
Debt
Interest coverage ratio | n/a |
Cash | CN¥302.98m |
Equity | CN¥743.18m |
Total liabilities | CN¥625.63m |
Total assets | CN¥1.37b |
Recent financial health updates
No updates
Recent updates
Hangzhou Jizhi Mechatronic Co., Ltd.'s (SZSE:300553) 41% Price Boost Is Out Of Tune With Revenues
Nov 11Hangzhou Jizhi Mechatronic's (SZSE:300553) Conservative Accounting Might Explain Soft Earnings
Nov 01What Hangzhou Jizhi Mechatronic Co., Ltd.'s (SZSE:300553) P/S Is Not Telling You
Sep 27We Think Shareholders Should Be Aware Of Some Factors Beyond Hangzhou Jizhi Mechatronic's (SZSE:300553) Profit
Apr 26Hangzhou Jizhi Mechatronic Co., Ltd.'s (SZSE:300553) 29% Share Price Plunge Could Signal Some Risk
Apr 23There Are Reasons To Feel Uneasy About Hangzhou Jizhi Mechatronic's (SZSE:300553) Returns On Capital
Apr 17Subdued Growth No Barrier To Hangzhou Jizhi Mechatronic Co., Ltd. (SZSE:300553) With Shares Advancing 34%
Mar 07Financial Position Analysis
Short Term Liabilities: 300553's short term assets (CN¥727.8M) exceed its short term liabilities (CN¥283.9M).
Long Term Liabilities: 300553's short term assets (CN¥727.8M) exceed its long term liabilities (CN¥341.7M).
Debt to Equity History and Analysis
Debt Level: 300553's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 300553's debt to equity ratio has increased from 0% to 51.6% over the past 5 years.
Debt Coverage: 300553's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300553's interest payments on its debt are well covered by EBIT.