Zhongsheng Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Zhongsheng Group Holdings has a total shareholder equity of CN¥44.0B and total debt of CN¥29.9B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are CN¥99.0B and CN¥55.0B respectively. Zhongsheng Group Holdings's EBIT is CN¥9.1B making its interest coverage ratio 8.9. It has cash and short-term investments of CN¥18.9B.
Key information
68.1%
Debt to equity ratio
CN¥29.92b
Debt
| Interest coverage ratio | 8.9x |
| Cash | CN¥18.87b |
| Equity | CN¥43.96b |
| Total liabilities | CN¥55.03b |
| Total assets | CN¥98.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZHSH.F's short term assets (CN¥54.0B) exceed its short term liabilities (CN¥35.7B).
Long Term Liabilities: ZHSH.F's short term assets (CN¥54.0B) exceed its long term liabilities (CN¥19.3B).
Debt to Equity History and Analysis
Debt Level: ZHSH.F's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: ZHSH.F's debt to equity ratio has reduced from 149.7% to 68.1% over the past 5 years.
Debt Coverage: ZHSH.F's debt is well covered by operating cash flow (28.7%).
Interest Coverage: ZHSH.F's interest payments on its debt are well covered by EBIT (8.9x coverage).