Zenner Metering Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Zenner Metering Technology (Shanghai) has a total shareholder equity of CN¥3.3B and total debt of CN¥324.7M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥4.1B and CN¥837.5M respectively. Zenner Metering Technology (Shanghai)'s EBIT is CN¥244.1M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥570.0M.
Key information
10.0%
Debt to equity ratio
CN¥324.72m
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥570.05m |
| Equity | CN¥3.26b |
| Total liabilities | CN¥837.54m |
| Total assets | CN¥4.10b |
Recent financial health updates
No updates
Recent updates
Zenner Metering Technology (Shanghai)'s (SZSE:301303) Profits May Not Reveal Underlying Issues
Nov 05
Returns On Capital Signal Tricky Times Ahead For Zenner Metering Technology (Shanghai) (SZSE:301303)
Sep 27Zenner Metering Technology (Shanghai)'s (SZSE:301303) Upcoming Dividend Will Be Larger Than Last Year's
Jun 03Returns On Capital At Zenner Metering Technology (Shanghai) (SZSE:301303) Paint A Concerning Picture
Mar 27Financial Position Analysis
Short Term Liabilities: 301303's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥807.2M).
Long Term Liabilities: 301303's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥30.4M).
Debt to Equity History and Analysis
Debt Level: 301303 has more cash than its total debt.
Reducing Debt: 301303's debt to equity ratio has increased from 3% to 10% over the past 5 years.
Debt Coverage: 301303's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 301303 earns more interest than it pays, so coverage of interest payments is not a concern.