Zhixin Group Holding Balance Sheet Health
Financial Health criteria checks 2/6
Zhixin Group Holding has a total shareholder equity of CN¥453.7M and total debt of CN¥473.3M, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are CN¥1.4B and CN¥963.1M respectively. Zhixin Group Holding's EBIT is CN¥15.3M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥13.3M.
Key information
104.3%
Debt to equity ratio
CN¥473.32m
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥13.33m |
Equity | CN¥453.72m |
Total liabilities | CN¥963.06m |
Total assets | CN¥1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZHIX.F's short term assets (CN¥797.6M) do not cover its short term liabilities (CN¥801.7M).
Long Term Liabilities: ZHIX.F's short term assets (CN¥797.6M) exceed its long term liabilities (CN¥161.4M).
Debt to Equity History and Analysis
Debt Level: ZHIX.F's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: ZHIX.F's debt to equity ratio has reduced from 110.9% to 104.3% over the past 5 years.
Debt Coverage: ZHIX.F's debt is not well covered by operating cash flow (0.02%).
Interest Coverage: ZHIX.F's interest payments on its debt are not well covered by EBIT (1.2x coverage).