Zhongliang Holdings Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhongliang Holdings Group has a total shareholder equity of CN¥26.4B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are CN¥180.8B and CN¥154.4B respectively. Zhongliang Holdings Group's EBIT is CN¥1.0B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥10.7B.
Key information
80.2%
Debt to equity ratio
CN¥21.17b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥10.70b |
| Equity | CN¥26.40b |
| Total liabilities | CN¥154.37b |
| Total assets | CN¥180.77b |
Recent financial health updates
Zhongliang Holdings Group (HKG:2772) Seems To Be Using A Lot Of Debt
Apr 03
Here's Why Zhongliang Holdings Group (HKG:2772) Has A Meaningful Debt Burden
Oct 11Zhongliang Holdings Group (HKG:2772) Has A Somewhat Strained Balance Sheet
May 18Recent updates
Zhongliang Holdings Group (HKG:2772) Seems To Be Using A Lot Of Debt
Apr 03Here's Why Zhongliang Holdings Group (HKG:2772) Has A Meaningful Debt Burden
Oct 11Zhongliang Holdings Group Company Limited's (HKG:2772) Intrinsic Value Is Potentially 81% Above Its Share Price
Aug 24Zhongliang Holdings Group (HKG:2772) Has A Somewhat Strained Balance Sheet
May 18Zhongliang Holdings Group Company Limited (HKG:2772) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 27Three Things You Should Check Before Buying Zhongliang Holdings Group Company Limited (HKG:2772) For Its Dividend
Apr 06Should You Be Adding Zhongliang Holdings Group (HKG:2772) To Your Watchlist Today?
Mar 16Reflecting on Zhongliang Holdings Group's (HKG:2772) Share Price Returns Over The Last Year
Feb 09Zhongliang Holdings Group (HKG:2772) Is Growing Earnings But Are They A Good Guide?
Jan 18
How Much Of Zhongliang Holdings Group Company Limited (HKG:2772) Do Insiders Own?
Dec 28Should You Be Impressed By Zhongliang Holdings Group Company Limited's (HKG:2772) ROE?
Dec 07Financial Position Analysis
Short Term Liabilities: 2772's short term assets (CN¥157.5B) exceed its short term liabilities (CN¥151.1B).
Long Term Liabilities: 2772's short term assets (CN¥157.5B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 2772's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: 2772's debt to equity ratio has reduced from 399.8% to 80.2% over the past 5 years.
Debt Coverage: 2772's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2772's interest payments on its debt are well covered by EBIT (4.3x coverage).