ZONQING Environmental Balance Sheet Health
Financial Health criteria checks 4/6
ZONQING Environmental has a total shareholder equity of CN¥793.8M and total debt of CN¥856.3M, which brings its debt-to-equity ratio to 107.9%. Its total assets and total liabilities are CN¥3.9B and CN¥3.1B respectively. ZONQING Environmental's EBIT is CN¥247.1M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥61.2M.
Key information
107.9%
Debt to equity ratio
CN¥856.26m
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥61.19m |
| Equity | CN¥793.84m |
| Total liabilities | CN¥3.06b |
| Total assets | CN¥3.86b |
Recent financial health updates
Recent updates
The Price Is Right For ZONQING Environmental Limited (HKG:1855)
Jul 30
We Think ZONQING Environmental Limited's (HKG:1855) CEO Compensation Looks Fair
Jun 07Investors Appear Satisfied With ZONBONG LANDSCAPE Environmental Limited's (HKG:1855) Prospects As Shares Rocket 41%
Apr 03Is ZONBONG LANDSCAPE Environmental (HKG:1855) A Risky Investment?
Apr 01I Built A List Of Growing Companies And Zonbong Landscape Environmental (HKG:1855) Made The Cut
Feb 10Financial Position Analysis
Short Term Liabilities: 1855's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 1855's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥97.7M).
Debt to Equity History and Analysis
Debt Level: 1855's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: 1855's debt to equity ratio has reduced from 137.7% to 107.9% over the past 5 years.
Debt Coverage: 1855's debt is not well covered by operating cash flow (8%).
Interest Coverage: 1855's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:12 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ZONQING Environmental Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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