Hubei Zhongyi Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Zhongyi Technology has a total shareholder equity of CN¥3.5B and total debt of CN¥530.6M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥6.0B and CN¥2.5B respectively.
Key information
15.0%
Debt to equity ratio
CN¥530.62m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.04b |
| Equity | CN¥3.54b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥5.99b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Hubei Zhongyi Technology Inc.'s (SZSE:301150) Revenues Despite 26% Price Jump
Oct 01
Hubei Zhongyi Technology's (SZSE:301150) Problems Go Beyond Weak Profit
Apr 15Hubei Zhongyi Technology (SZSE:301150) Might Be Having Difficulty Using Its Capital Effectively
Mar 07Financial Position Analysis
Short Term Liabilities: 301150's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 301150's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥117.4M).
Debt to Equity History and Analysis
Debt Level: 301150 has more cash than its total debt.
Reducing Debt: 301150's debt to equity ratio has reduced from 36.8% to 15% over the past 5 years.
Debt Coverage: 301150's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301150's interest payments on its debt are well covered by EBIT.