China ZhengTong Auto Services Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China ZhengTong Auto Services Holdings has a total shareholder equity of CN¥1.4B and total debt of CN¥19.9B, which brings its debt-to-equity ratio to 1381.5%. Its total assets and total liabilities are CN¥29.1B and CN¥27.7B respectively.
Key information
1,381.5%
Debt to equity ratio
CN¥19.90b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥879.36m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥27.66b |
| Total assets | CN¥29.10b |
Recent financial health updates
China ZhengTong Auto Services Holdings (HKG:1728) Has No Shortage Of Debt
Sep 20
Is China ZhengTong Auto Services Holdings (HKG:1728) A Risky Investment?
May 02Does China ZhengTong Auto Services Holdings (HKG:1728) Have A Healthy Balance Sheet?
Nov 19
Recent updates
This Analyst Just Downgraded Their China ZhengTong Auto Services Holdings Limited (HKG:1728) EPS Forecasts
Sep 10China ZhengTong Auto Services Holdings' (HKG:1728) Returns On Capital Not Reflecting Well On The Business
Aug 04China ZhengTong Auto Services Holdings (HKG:1728) Has No Shortage Of Debt
Sep 20Is China ZhengTong Auto Services Holdings (HKG:1728) A Risky Investment?
May 02The Trends At China ZhengTong Auto Services Holdings (HKG:1728) That You Should Know About
Feb 28How Much Did China ZhengTong Auto Services Holdings'(HKG:1728) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 07China ZhengTong Auto Services Holdings Limited's (HKG:1728) Intrinsic Value Is Potentially 18% Below Its Share Price
Jan 14At HK$0.80, Is It Time To Put China ZhengTong Auto Services Holdings Limited (HKG:1728) On Your Watch List?
Dec 25Here's What China ZhengTong Auto Services Holdings Limited's (HKG:1728) Shareholder Ownership Structure Looks Like
Dec 07Does China ZhengTong Auto Services Holdings (HKG:1728) Have A Healthy Balance Sheet?
Nov 19Financial Position Analysis
Short Term Liabilities: 1728's short term assets (CN¥14.4B) do not cover its short term liabilities (CN¥22.3B).
Long Term Liabilities: 1728's short term assets (CN¥14.4B) exceed its long term liabilities (CN¥5.4B).
Debt to Equity History and Analysis
Debt Level: 1728's net debt to equity ratio (1320.5%) is considered high.
Reducing Debt: 1728's debt to equity ratio has increased from 163.3% to 1381.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1728 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1728 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1.3% each year