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¥550.5M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are CN¥3.6B and CN¥1.5B respectively. Jinlongyu Group's EBIT is CN¥181.4M making its interest coverage ratio 28.7. It has cash and short-term investments of CN¥588.9M.
Key information
25.7%
Debt to equity ratio
CN¥550.51m
Debt
| Interest coverage ratio | 28.7x |
| Cash | CN¥588.93m |
| Equity | CN¥2.14b |
| Total liabilities | CN¥1.45b |
| Total assets | CN¥3.59b |
Recent financial health updates
Recent updates
Jinlongyu Group Co., Ltd.'s (SZSE:002882) Popularity With Investors Is Under Threat From Overpricing
Dec 17
Is Jinlongyu Group (SZSE:002882) Using Too Much Debt?
Oct 23Pinning Down Jinlongyu Group Co., Ltd.'s (SZSE:002882) P/E Is Difficult Right Now
Sep 04Jinlongyu 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¥3.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002882's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥27.1M).
Debt to Equity History and Analysis
Debt Level: 002882 has more cash than its total debt.
Reducing Debt: 002882's debt to equity ratio has reduced from 33.7% to 25.7% over the past 5 years.
Debt Coverage: 002882's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 002882's interest payments on its debt are well covered by EBIT (28.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:12 |
| End of Day Share Price | 2024/12/24 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
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Analyst Sources
Jinlongyu Group Co., Ltd. is covered by 0 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 |
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