Zhi Sheng Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Zhi Sheng Group Holdings has a total shareholder equity of CN¥37.8M and total debt of CN¥80.7M, which brings its debt-to-equity ratio to 213.6%. Its total assets and total liabilities are CN¥160.5M and CN¥122.8M respectively.
Key information
213.6%
Debt to equity ratio
CN¥80.67m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥35.88m |
| Equity | CN¥37.77m |
| Total liabilities | CN¥122.76m |
| Total assets | CN¥160.52m |
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
Is 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¥133.5M) exceed its short term liabilities (CN¥122.8M).
Long Term Liabilities: 8370 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8370's net debt to equity ratio (118.6%) is considered high.
Reducing Debt: 8370's debt to equity ratio has increased from 0% to 213.6% 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 17.1% per year.