Jangho Group Balance Sheet Health
Financial Health criteria checks 6/6
Jangho Group has a total shareholder equity of CN¥8.5B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are CN¥28.8B and CN¥20.3B respectively. Jangho Group's EBIT is CN¥1.3B making its interest coverage ratio 22.1. It has cash and short-term investments of CN¥4.6B.
Key information
29.4%
Debt to equity ratio
CN¥2.49b
Debt
| Interest coverage ratio | 22.1x |
| Cash | CN¥4.63b |
| Equity | CN¥8.47b |
| Total liabilities | CN¥20.29b |
| Total assets | CN¥28.76b |
Recent financial health updates
No updates
Recent updates
Shareholders Can Be Confident That Jangho Group's (SHSE:601886) Earnings Are High Quality
Nov 04
Analysts Are Updating Their Jangho Group Co., Ltd. (SHSE:601886) Estimates After Its First-Quarter Results
Sep 02Improved Earnings Required Before Jangho Group Co., Ltd. (SHSE:601886) Shares Find Their Feet
May 29Shareholders Can Be Confident That Jangho Group's (SHSE:601886) Earnings Are High Quality
Apr 03Return Trends At Jangho Group (SHSE:601886) Aren't Appealing
Mar 27Financial Position Analysis
Short Term Liabilities: 601886's short term assets (CN¥23.2B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 601886's short term assets (CN¥23.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 601886 has more cash than its total debt.
Reducing Debt: 601886's debt to equity ratio has reduced from 45.9% to 29.4% over the past 5 years.
Debt Coverage: 601886's debt is well covered by operating cash flow (75.9%).
Interest Coverage: 601886's interest payments on its debt are well covered by EBIT (22.1x coverage).