Zhengzhou Coal Mining Machinery Group Company Limited

SZSC:564 Stock Report

Market Cap: HK$26.6b

Zhengzhou Coal Mining Machinery Group Balance Sheet Health

Financial Health criteria checks 5/6

Zhengzhou Coal Mining Machinery Group has a total shareholder equity of CN¥22.6B and total debt of CN¥7.7B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥49.5B and CN¥26.9B respectively. Zhengzhou Coal Mining Machinery Group's EBIT is CN¥4.7B making its interest coverage ratio 92.8. It has cash and short-term investments of CN¥12.6B.

Key information

33.9%

Debt to equity ratio

CN¥7.65b

Debt

Interest coverage ratio92.8x
CashCN¥12.58b
EquityCN¥22.58b
Total liabilitiesCN¥26.89b
Total assetsCN¥49.47b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 564's short term assets (CN¥37.1B) exceed its short term liabilities (CN¥20.0B).

Long Term Liabilities: 564's short term assets (CN¥37.1B) exceed its long term liabilities (CN¥6.9B).


Debt to Equity History and Analysis

Debt Level: 564 has more cash than its total debt.

Reducing Debt: 564's debt to equity ratio has increased from 32.8% to 33.9% over the past 5 years.

Debt Coverage: 564's debt is well covered by operating cash flow (33%).

Interest Coverage: 564's interest payments on its debt are well covered by EBIT (92.8x coverage).


Balance Sheet


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