ZhongAn Online P & C Insurance Co., Ltd.

SHSC:6060 Stock Report

Market Cap: HK$26.8b

ZhongAn Online P & C Insurance Balance Sheet Health

Financial Health criteria checks 3/6

ZhongAn Online P & C Insurance has a total shareholder equity of CN¥20.2B and total debt of CN¥14.3B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are CN¥43.0B and CN¥22.8B respectively. ZhongAn Online P & C Insurance's EBIT is CN¥722.8M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥21.8B.

Key information

70.5%

Debt to equity ratio

CN¥14.28b

Debt

Interest coverage ratio1.5x
CashCN¥21.78b
EquityCN¥20.24b
Total liabilitiesCN¥22.80b
Total assetsCN¥43.04b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 6060's short term assets (CN¥24.6B) exceed its short term liabilities (CN¥10.9B).

Long Term Liabilities: 6060's short term assets (CN¥24.6B) exceed its long term liabilities (CN¥11.9B).


Debt to Equity History and Analysis

Debt Level: 6060 has more cash than its total debt.

Reducing Debt: 6060's debt to equity ratio has increased from 18.5% to 70.5% over the past 5 years.

Debt Coverage: 6060's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: 6060's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


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