Zhengzhou Tiamaes TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhengzhou Tiamaes TechnologyLtd has a total shareholder equity of CN¥524.5M and total debt of CN¥69.8M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥681.3M and CN¥156.9M respectively.
Key information
13.3%
Debt to equity ratio
CN¥69.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥58.81m |
| Equity | CN¥524.46m |
| Total liabilities | CN¥156.87m |
| Total assets | CN¥681.33m |
Recent financial health updates
No updates
Recent updates
Zhengzhou Tiamaes Technology Co.,Ltd's (SZSE:300807) 27% Share Price Surge Not Quite Adding Up
Jun 20
Some Zhengzhou Tiamaes Technology Co.,Ltd (SZSE:300807) Shareholders Look For Exit As Shares Take 33% Pounding
Apr 21Zhengzhou Tiamaes Technology Co.,Ltd's (SZSE:300807) 38% Price Boost Is Out Of Tune With Revenues
Mar 06Financial Position Analysis
Short Term Liabilities: 300807's short term assets (CN¥398.1M) exceed its short term liabilities (CN¥135.5M).
Long Term Liabilities: 300807's short term assets (CN¥398.1M) exceed its long term liabilities (CN¥21.4M).
Debt to Equity History and Analysis
Debt Level: 300807's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 300807's debt to equity ratio has reduced from 26% to 13.3% over the past 5 years.
Debt Coverage: 300807's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300807's interest payments on its debt are well covered by EBIT.