Zhengwei Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Zhengwei Group Holdings has a total shareholder equity of CN¥436.9M and total debt of CN¥18.2M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥522.8M and CN¥85.8M respectively. Zhengwei Group Holdings's EBIT is CN¥83.5M making its interest coverage ratio 37. It has cash and short-term investments of CN¥199.2M.
Key information
4.2%
Debt to equity ratio
CN¥18.20m
Debt
| Interest coverage ratio | 37x |
| Cash | CN¥199.19m |
| Equity | CN¥436.94m |
| Total liabilities | CN¥85.84m |
| Total assets | CN¥522.78m |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Zhengwei Group Holdings Company Limited (HKG:2147) Stock Yet As It Plummets 49%
May 06
Returns On Capital Signal Tricky Times Ahead For Zhengwei Group Holdings (HKG:2147)
Mar 05We Think Zhengwei Group Holdings' (HKG:2147) Solid Earnings Are Understated
Oct 04A Look At The Intrinsic Value Of Zhengwei Group Holdings Company Limited (HKG:2147)
Jul 31Financial Position Analysis
Short Term Liabilities: 2147's short term assets (CN¥397.7M) exceed its short term liabilities (CN¥85.8M).
Long Term Liabilities: 2147 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2147 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2147's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2147's debt is well covered by operating cash flow (389.8%).
Interest Coverage: 2147's interest payments on its debt are well covered by EBIT (37x coverage).