Zhongshen Jianye Holding Balance Sheet Health
Financial Health criteria checks 5/6
Zhongshen Jianye Holding has a total shareholder equity of CN¥372.4M and total debt of CN¥29.3M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥1.7B and CN¥1.3B respectively. Zhongshen Jianye Holding's EBIT is CN¥47.4M making its interest coverage ratio 37.5. It has cash and short-term investments of CN¥227.5M.
Key information
7.9%
Debt to equity ratio
CN¥29.28m
Debt
| Interest coverage ratio | 37.5x |
| Cash | CN¥227.46m |
| Equity | CN¥372.42m |
| Total liabilities | CN¥1.31b |
| Total assets | CN¥1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2503's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2503's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥26.4M).
Debt to Equity History and Analysis
Debt Level: 2503 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2503's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2503's debt is well covered by operating cash flow (173.8%).
Interest Coverage: 2503's interest payments on its debt are well covered by EBIT (37.5x coverage).