Zhejiang Shibao Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Shibao has a total shareholder equity of CN¥1.8B and total debt of CN¥198.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥2.9B and CN¥1.1B respectively. Zhejiang Shibao's EBIT is CN¥95.7M making its interest coverage ratio 21.2. It has cash and short-term investments of CN¥584.5M.
Key information
10.8%
Debt to equity ratio
CN¥198.09m
Debt
| Interest coverage ratio | 21.2x |
| Cash | CN¥584.53m |
| Equity | CN¥1.83b |
| Total liabilities | CN¥1.05b |
| Total assets | CN¥2.88b |
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
Here'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¥1.9B) exceed its short term liabilities (CN¥994.9M).
Long Term Liabilities: 1057's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥58.4M).
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 increased from 4% to 10.8% over the past 5 years.
Debt Coverage: 1057's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 1057's interest payments on its debt are well covered by EBIT (21.2x coverage).