Zenner Metering Technology (Shanghai) Ltd.

XSEC:301303 Stock Report

Market Cap: CN¥6.1b

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
CashCN¥570.05m
EquityCN¥3.26b
Total liabilitiesCN¥837.54m
Total assetsCN¥4.10b

Recent financial health updates

No updates

Recent updates

Financial 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.


Balance Sheet


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