Junhe Pumps HoldingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Junhe Pumps HoldingLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥474.0M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are CN¥2.2B and CN¥757.3M respectively. Junhe Pumps HoldingLtd's EBIT is CN¥19.3M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥802.8M.
Key information
33.2%
Debt to equity ratio
CN¥474.00m
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥802.85m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥757.29m |
| Total assets | CN¥2.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603617's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥736.3M).
Long Term Liabilities: 603617's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥21.0M).
Debt to Equity History and Analysis
Debt Level: 603617 has more cash than its total debt.
Reducing Debt: 603617's debt to equity ratio has increased from 21.8% to 33.2% over the past 5 years.
Debt Coverage: 603617's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 603617 earns more interest than it pays, so coverage of interest payments is not a concern.