Jinlongyu Group Balance Sheet Health
Financial Health criteria checks 6/6
Jinlongyu Group has a total shareholder equity of CN¥2.1B and total debt of CN¥626.6M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are CN¥3.0B and CN¥941.4M respectively. Jinlongyu Group's EBIT is CN¥251.5M making its interest coverage ratio 21.4. It has cash and short-term investments of CN¥261.5M.
Key information
29.8%
Debt to equity ratio
CN¥626.58m
Debt
| Interest coverage ratio | 21.4x |
| Cash | CN¥261.53m |
| Equity | CN¥2.10b |
| Total liabilities | CN¥941.37m |
| Total assets | CN¥3.05b |
Recent financial health updates
No updates
Recent updates
Pinning Down Jinlongyu Group Co., Ltd.'s (SZSE:002882) P/E Is Difficult Right Now
Sep 04
Jinlongyu Group (SZSE:002882) Is Reinvesting At Lower Rates Of Return
Aug 08Capital Allocation Trends At Jinlongyu Group (SZSE:002882) Aren't Ideal
Mar 26Optimistic Investors Push Jinlongyu Group Co., Ltd. (SZSE:002882) Shares Up 42% But Growth Is Lacking
Mar 06Financial Position Analysis
Short Term Liabilities: 002882's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥914.9M).
Long Term Liabilities: 002882's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥26.5M).
Debt to Equity History and Analysis
Debt Level: 002882's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 002882's debt to equity ratio has reduced from 35.2% to 29.8% over the past 5 years.
Debt Coverage: 002882's debt is well covered by operating cash flow (25.6%).
Interest Coverage: 002882's interest payments on its debt are well covered by EBIT (21.4x coverage).