Zhixin Group Holding Balance Sheet Health
Financial Health criteria checks 4/6
Zhixin Group Holding has a total shareholder equity of CN¥453.1M and total debt of CN¥466.1M, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are CN¥1.4B and CN¥899.1M respectively. Zhixin Group Holding's EBIT is CN¥32.2M making its interest coverage ratio 2. It has cash and short-term investments of CN¥25.9M.
Key information
102.8%
Debt to equity ratio
CN¥466.06m
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥25.87m |
| Equity | CN¥453.15m |
| Total liabilities | CN¥899.10m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Zhixin Group Holding (HKG:2187) And Its Returns On Capital
Nov 17
Be Wary Of Zhixin Group Holding (HKG:2187) And Its Returns On Capital
Jul 17Zhixin Group Holding (HKG:2187) Will Want To Turn Around Its Return Trends
Jan 30Risks Still Elevated At These Prices As Zhixin Group Holding Limited (HKG:2187) Shares Dive 27%
May 15We Think That There Are Issues Underlying Zhixin Group Holding's (HKG:2187) Earnings
Sep 06Financial Position Analysis
Short Term Liabilities: 2187's short term assets (CN¥738.6M) exceed its short term liabilities (CN¥717.5M).
Long Term Liabilities: 2187's short term assets (CN¥738.6M) exceed its long term liabilities (CN¥181.6M).
Debt to Equity History and Analysis
Debt Level: 2187's net debt to equity ratio (97.1%) is considered high.
Reducing Debt: 2187's debt to equity ratio has reduced from 161.6% to 102.8% over the past 5 years.
Debt Coverage: 2187's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 2187's interest payments on its debt are not well covered by EBIT (2x coverage).