Zhengzhou Tiamaes TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhengzhou Tiamaes TechnologyLtd has a total shareholder equity of CN¥491.6M and total debt of CN¥63.1M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥658.5M and CN¥166.9M respectively.
Key information
12.8%
Debt to equity ratio
CN¥63.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥52.01m |
| Equity | CN¥491.58m |
| Total liabilities | CN¥166.94m |
| Total assets | CN¥658.52m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Zhengzhou Tiamaes Technology Co.,Ltd's (SZSE:300807) Massive 36% Price Jump
Oct 26
Some Confidence Is Lacking In Zhengzhou Tiamaes Technology Co.,Ltd (SZSE:300807) As Shares Slide 33%
Aug 18Zhengzhou Tiamaes Technology Co.,Ltd's (SZSE:300807) 27% Share Price Surge Not Quite Adding Up
Jun 20Some 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¥372.2M) exceed its short term liabilities (CN¥146.3M).
Long Term Liabilities: 300807's short term assets (CN¥372.2M) exceed its long term liabilities (CN¥20.7M).
Debt to Equity History and Analysis
Debt Level: 300807's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 300807's debt to equity ratio has increased from 0% to 12.8% 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.