Changjiang & Jinggong Steel Building (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Changjiang & Jinggong Steel Building (Group) has a total shareholder equity of CN¥8.9B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are CN¥24.1B and CN¥15.2B respectively. Changjiang & Jinggong Steel Building (Group)'s EBIT is CN¥461.1M making its interest coverage ratio 16.3. It has cash and short-term investments of CN¥4.9B.
Key information
39.5%
Debt to equity ratio
CN¥3.53b
Debt
| Interest coverage ratio | 16.3x |
| Cash | CN¥4.92b |
| Equity | CN¥8.92b |
| Total liabilities | CN¥15.23b |
| Total assets | CN¥24.15b |
Recent financial health updates
No updates
Recent updates
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Will Want To Turn Around Its Return Trends
Oct 28Investors Aren't Buying Changjiang & Jinggong Steel Building (Group) Co., Ltd's (SHSE:600496) Earnings
Sep 26Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Problems Go Beyond Weak Profit
Apr 25Financial Position Analysis
Short Term Liabilities: 600496's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥12.6B).
Long Term Liabilities: 600496's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600496 has more cash than its total debt.
Reducing Debt: 600496's debt to equity ratio has reduced from 41.7% to 39.5% over the past 5 years.
Debt Coverage: 600496's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 600496's interest payments on its debt are well covered by EBIT (16.3x coverage).