China Zhenhua (Group) Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
China Zhenhua (Group) Science & Technology has a total shareholder equity of CN¥13.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥17.8B and CN¥4.1B respectively. China Zhenhua (Group) Science & Technology's EBIT is CN¥2.9B making its interest coverage ratio -940.4. It has cash and short-term investments of CN¥4.1B.
Key information
10.1%
Debt to equity ratio
CN¥1.39b
Debt
Interest coverage ratio | -940.4x |
Cash | CN¥4.11b |
Equity | CN¥13.73b |
Total liabilities | CN¥4.10b |
Total assets | CN¥17.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000733's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000733's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000733 has more cash than its total debt.
Reducing Debt: 000733's debt to equity ratio has reduced from 46.4% to 10.1% over the past 5 years.
Debt Coverage: 000733's debt is well covered by operating cash flow (66.9%).
Interest Coverage: 000733 earns more interest than it pays, so coverage of interest payments is not a concern.