Zhejiang Shibao Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Shibao has a total shareholder equity of CN¥1.9B and total debt of CN¥61.1M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively. Zhejiang Shibao's EBIT is CN¥162.2M making its interest coverage ratio -141.2. It has cash and short-term investments of CN¥407.2M.
Key information
3.2%
Debt to equity ratio
CN¥61.11m
Debt
| Interest coverage ratio | -141.2x |
| Cash | CN¥407.16m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥2.97b |
Recent financial health updates
Here's Why Zhejiang Shibao (HKG:1057) Can Manage Its Debt Responsibly
Oct 20
Is Zhejiang Shibao (HKG:1057) Using Too Much Debt?
Jul 14Is Zhejiang Shibao (HKG:1057) A Risky Investment?
Sep 24Zhejiang Shibao (HKG:1057) Seems To Use Debt Quite Sensibly
Jun 01Health Check: How Prudently Does Zhejiang Shibao (HKG:1057) Use Debt?
Feb 20Recent updates
Is Now The Time To Put Zhejiang Shibao (HKG:1057) On Your Watchlist?
Nov 16Zhejiang Shibao Company Limited (HKG:1057) Looks Just Right With A 28% Price Jump
Oct 02Returns On Capital Are Showing Encouraging Signs At Zhejiang Shibao (HKG:1057)
Sep 26Here's Why Zhejiang Shibao (HKG:1057) Can Manage Its Debt Responsibly
Oct 20With EPS Growth And More, Zhejiang Shibao (HKG:1057) Makes An Interesting Case
Jun 09Is Zhejiang Shibao (HKG:1057) Using Too Much Debt?
Jul 14Zhejiang Shibao (HKG:1057) Is Finding It Tricky To Allocate Its Capital
Mar 07Zhejiang Shibao (HKG:1057) Will Be Looking To Turn Around Its Returns
Nov 05Is Zhejiang Shibao (HKG:1057) A Risky Investment?
Sep 24Slowing Rates Of Return At Zhejiang Shibao (HKG:1057) Leave Little Room For Excitement
Jul 28Zhejiang Shibao (HKG:1057) Seems To Use Debt Quite Sensibly
Jun 01Zhejiang Shibao (HKG:1057) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 04Return Trends At Zhejiang Shibao (HKG:1057) Aren't Appealing
Mar 30Health Check: How Prudently Does Zhejiang Shibao (HKG:1057) Use Debt?
Feb 20Zhejiang Shibao's (HKG:1057) Shareholders Are Down 61% On Their Shares
Dec 29
Here's What We Learned About The CEO Pay At Zhejiang Shibao Company Limited (HKG:1057)
Nov 24Financial Position Analysis
Short Term Liabilities: 1057's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 1057's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥30.5M).
Debt to Equity History and Analysis
Debt Level: 1057 has more cash than its total debt.
Reducing Debt: 1057's debt to equity ratio has reduced from 5% to 3.2% over the past 5 years.
Debt Coverage: 1057's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 1057 earns more interest than it pays, so coverage of interest payments is not a concern.