Zhengwei Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Zhengwei Group Holdings has a total shareholder equity of CN¥416.2M and total debt of CN¥541.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥474.4M and CN¥58.2M respectively. Zhengwei Group Holdings's EBIT is CN¥27.1M making its interest coverage ratio 23.9. It has cash and short-term investments of CN¥189.3M.
Key information
0.1%
Debt to equity ratio
CN¥541.00k
Debt
| Interest coverage ratio | 23.9x |
| Cash | CN¥189.27m |
| Equity | CN¥416.18m |
| Total liabilities | CN¥58.20m |
| Total assets | CN¥474.38m |
Recent financial health updates
No updates
Recent updates
Zhengwei Group Holdings Company Limited (HKG:2147) Might Not Be As Mispriced As It Looks After Plunging 29%
Aug 05
Not Many Are Piling Into Zhengwei Group Holdings Company Limited (HKG:2147) Stock Yet As It Plummets 32%
Jun 20Not Many Are Piling Into Zhengwei Group Holdings Company Limited (HKG:2147) Stock Yet As It Plummets 49%
May 06Returns 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¥355.1M) exceed its short term liabilities (CN¥58.2M).
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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2147's interest payments on its debt are well covered by EBIT (23.9x coverage).