Zhi Sheng Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Zhi Sheng Group Holdings has a total shareholder equity of CN¥20.3M and total debt of CN¥9.4M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥89.2M and CN¥68.8M respectively.
Key information
46.4%
Debt to equity ratio
CN¥9.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥23.57m |
| Equity | CN¥20.34m |
| Total liabilities | CN¥68.83m |
| Total assets | CN¥89.16m |
Recent financial health updates
Is Zhi Sheng Group Holdings (HKG:8370) A Risky Investment?
Apr 12
We Think Zhi Sheng Group Holdings (HKG:8370) Has A Fair Chunk Of Debt
Sep 24Would Zhi Sheng Group Holdings (HKG:8370) Be Better Off With Less Debt?
Mar 06We Think Zhi Sheng Group Holdings (HKG:8370) Has A Fair Chunk Of Debt
Oct 06Does Zhi Sheng Group Holdings (HKG:8370) Have A Healthy Balance Sheet?
Apr 19Does Zhi Sheng Group Holdings (HKG:8370) Have A Healthy Balance Sheet?
Dec 16
Recent updates
We Discuss Why Zhi Sheng Group Holdings Limited's (HKG:8370) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Oct 07There's Reason For Concern Over Zhi Sheng Group Holdings Limited's (HKG:8370) Price
Jun 18Is Zhi Sheng Group Holdings (HKG:8370) A Risky Investment?
Apr 12Zhi Sheng Group Holdings Limited's (HKG:8370) 53% Price Boost Is Out Of Tune With Revenues
Feb 01Zhi Sheng Group Holdings Limited's (HKG:8370) 49% Share Price Plunge Could Signal Some Risk
Dec 18We Think Zhi Sheng Group Holdings (HKG:8370) Has A Fair Chunk Of Debt
Sep 24Would Zhi Sheng Group Holdings (HKG:8370) Be Better Off With Less Debt?
Mar 06We Think Zhi Sheng Group Holdings (HKG:8370) Has A Fair Chunk Of Debt
Oct 06Does Zhi Sheng Group Holdings (HKG:8370) Have A Healthy Balance Sheet?
Apr 19Does Zhi Sheng Group Holdings (HKG:8370) Have A Healthy Balance Sheet?
Dec 16Financial Position Analysis
Short Term Liabilities: 8370's short term assets (CN¥54.8M) exceed its short term liabilities (CN¥48.3M).
Long Term Liabilities: 8370's short term assets (CN¥54.8M) exceed its long term liabilities (CN¥20.5M).
Debt to Equity History and Analysis
Debt Level: 8370 has more cash than its total debt.
Reducing Debt: 8370's debt to equity ratio has increased from 0% to 46.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 8370 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8370 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.2% per year.