Zhongshan Public Utilities Group Co.,Ltd

XSEC:000685 Stock Report

Market Cap: CN¥12.6b

Zhongshan Public Utilities GroupLtd Balance Sheet Health

Financial Health criteria checks 2/6

Zhongshan Public Utilities GroupLtd has a total shareholder equity of CN¥17.5B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥30.5B and CN¥13.0B respectively. Zhongshan Public Utilities GroupLtd's EBIT is CN¥487.6M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥1.5B.

Key information

47.8%

Debt to equity ratio

CN¥8.35b

Debt

Interest coverage ratio-0.8x
CashCN¥1.49b
EquityCN¥17.47b
Total liabilitiesCN¥13.00b
Total assetsCN¥30.47b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 000685's short term assets (CN¥4.7B) do not cover its short term liabilities (CN¥5.5B).

Long Term Liabilities: 000685's short term assets (CN¥4.7B) do not cover its long term liabilities (CN¥7.5B).


Debt to Equity History and Analysis

Debt Level: 000685's net debt to equity ratio (39.2%) is considered satisfactory.

Reducing Debt: 000685's debt to equity ratio has increased from 33.4% to 47.8% over the past 5 years.

Debt Coverage: 000685's debt is not well covered by operating cash flow (0.04%).

Interest Coverage: 000685 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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