Jiangxi Hongdu Aviation Industry Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Hongdu Aviation Industry has a total shareholder equity of CN¥5.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥15.1B and CN¥9.8B respectively. Jiangxi Hongdu Aviation Industry's EBIT is CN¥296.7K making its interest coverage ratio -0. It has cash and short-term investments of CN¥897.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.03x |
| Cash | CN¥897.03m |
| Equity | CN¥5.30b |
| Total liabilities | CN¥9.83b |
| Total assets | CN¥15.14b |
Recent financial health updates
No updates
Recent updates
Jiangxi Hongdu Aviation Industry's (SHSE:600316) Weak Earnings Might Be Worse Than They Appear
Nov 05
Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Surges 36% Yet Its Low P/S Is No Reason For Excitement
Oct 18Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Aug 17Jiangxi Hongdu Aviation Industry's (SHSE:600316) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 22Jiangxi Hongdu Aviation Industry Co., Ltd. (SHSE:600316) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Mar 05Financial Position Analysis
Short Term Liabilities: 600316's short term assets (CN¥13.4B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 600316's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥42.9M).
Debt to Equity History and Analysis
Debt Level: 600316 is debt free.
Reducing Debt: 600316 has no debt compared to 5 years ago when its debt to equity ratio was 13.5%.
Debt Coverage: 600316 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600316 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 21:08 |
| End of Day Share Price | 2025/01/06 00:00 |
| Earnings | 2024/09/30 |
| 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
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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
Jiangxi Hongdu Aviation Industry Co., Ltd. is covered by 11 analysts. 0 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 |
|---|---|
| Zaixian Shuai | Avic Securities Co., Ltd |
| Chen He | Chasing Securities |
| Chao Wang | China Merchants Securities Co. Ltd. |