Zhejiang Chang'an Renheng Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Chang'an Renheng Technology has a total shareholder equity of CN¥117.4M and total debt of CN¥111.4M, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are CN¥292.8M and CN¥175.4M respectively. Zhejiang Chang'an Renheng Technology's EBIT is CN¥11.1M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥15.4M.
Key information
94.9%
Debt to equity ratio
CN¥111.40m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥15.36m |
| Equity | CN¥117.43m |
| Total liabilities | CN¥175.42m |
| Total assets | CN¥292.85m |
Recent financial health updates
These 4 Measures Indicate That Zhejiang Chang'an Renheng Technology (HKG:8139) Is Using Debt Extensively
Nov 07
Zhejiang Chang'an Renheng Technology (HKG:8139) Has No Shortage Of Debt
Apr 09Zhejiang Chang'an Renheng Technology (HKG:8139) Use Of Debt Could Be Considered Risky
Aug 24Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
May 06Is Zhejiang Chang'an Renheng Technology (HKG:8139) A Risky Investment?
May 03Recent updates
We Ran A Stock Scan For Earnings Growth And Zhejiang Chang'an Renheng Technology (HKG:8139) Passed With Ease
Apr 15Market Cool On Zhejiang Chang'an Renheng Technology Co., Ltd.'s (HKG:8139) Revenues
Jan 25These 4 Measures Indicate That Zhejiang Chang'an Renheng Technology (HKG:8139) Is Using Debt Extensively
Nov 07Zhejiang Chang'an Renheng Technology (HKG:8139) Might Have The Makings Of A Multi-Bagger
Oct 04A Look At The Fair Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Aug 10Zhejiang Chang'an Renheng Technology (HKG:8139) Is Doing The Right Things To Multiply Its Share Price
Jul 05Zhejiang Chang'an Renheng Technology (HKG:8139) Has No Shortage Of Debt
Apr 09Some Investors May Be Worried About Zhejiang Chang'an Renheng Technology's (HKG:8139) Returns On Capital
Jan 15The Return Trends At Zhejiang Chang'an Renheng Technology (HKG:8139) Look Promising
Sep 30Zhejiang Chang'an Renheng Technology (HKG:8139) Use Of Debt Could Be Considered Risky
Aug 24We Like These Underlying Return On Capital Trends At Zhejiang Chang'an Renheng Technology (HKG:8139)
Jun 24Is Zhejiang Chang'an Renheng Technology (HKG:8139) Using Too Much Debt?
May 06Returns Are Gaining Momentum At Zhejiang Chang'an Renheng Technology (HKG:8139)
Mar 09Zhejiang Chang'an Renheng Technology (HKG:8139) Shareholders Will Want The ROCE Trajectory To Continue
Dec 06Is Zhejiang Chang'an Renheng Technology (HKG:8139) A Risky Investment?
May 03Estimating The Intrinsic Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Mar 10Should You Be Impressed By Zhejiang Chang'an Renheng Technology's (HKG:8139) Returns on Capital?
Jan 14
A Look At The Fair Value Of Zhejiang Chang'an Renheng Technology Co., Ltd. (HKG:8139)
Dec 10Financial Position Analysis
Short Term Liabilities: 8139's short term assets (CN¥161.2M) exceed its short term liabilities (CN¥149.3M).
Long Term Liabilities: 8139's short term assets (CN¥161.2M) exceed its long term liabilities (CN¥26.1M).
Debt to Equity History and Analysis
Debt Level: 8139's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: 8139's debt to equity ratio has increased from 71.2% to 94.9% over the past 5 years.
Debt Coverage: 8139's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 8139's interest payments on its debt are not well covered by EBIT (1.7x coverage).