Zhongmiao Holdings (Qingdao) Co., Ltd.

SEHK:1471 Stock Report

Market Cap: HK$1.4b

Zhongmiao Holdings (Qingdao) Balance Sheet Health

Financial Health criteria checks 6/6

Zhongmiao Holdings (Qingdao) has a total shareholder equity of CN¥385.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥435.7M and CN¥50.6M respectively. Zhongmiao Holdings (Qingdao)'s EBIT is CN¥41.6M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥216.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-4.9x
CashCN¥216.86m
EquityCN¥385.08m
Total liabilitiesCN¥50.63m
Total assetsCN¥435.71m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1471's short term assets (CN¥293.0M) exceed its short term liabilities (CN¥50.6M).

Long Term Liabilities: 1471 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1471 is debt free.

Reducing Debt: 1471 has not had any debt for past 5 years.

Debt Coverage: 1471 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1471 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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