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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:09 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China ZhengTong Auto Services Holdings Limited is covered by 36 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Y. Yeung | BNP Paribas Securities (Asia) |
| Yusheng Wang | BOCI Research Ltd. |
| Ke Qu | CCB International Securities Limited |