Shenzhen Zhilai Sci and Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Zhilai Sci and Tech has a total shareholder equity of CN¥1.9B and total debt of CN¥88.1M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥2.2B and CN¥277.4M respectively.
Key information
4.6%
Debt to equity ratio
CN¥88.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.53b |
| Equity | CN¥1.93b |
| Total liabilities | CN¥277.38m |
| Total assets | CN¥2.21b |
Financial Position Analysis
Short Term Liabilities: 300771's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥258.9M).
Long Term Liabilities: 300771's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥18.5M).
Debt to Equity History and Analysis
Debt Level: 300771 has more cash than its total debt.
Reducing Debt: 300771's debt to equity ratio has increased from 4.1% to 4.6% over the past 5 years.
Debt Coverage: 300771's debt is well covered by operating cash flow (90.7%).
Interest Coverage: Insufficient data to determine if 300771's interest payments on its debt are well covered by EBIT.