Harbin Jiuzhou GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Harbin Jiuzhou GroupLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 101.9%. Its total assets and total liabilities are CN¥7.3B and CN¥4.3B respectively. Harbin Jiuzhou GroupLtd's EBIT is CN¥166.8M making its interest coverage ratio 18.4. It has cash and short-term investments of CN¥134.3M.
Key information
101.9%
Debt to equity ratio
CN¥3.05b
Debt
| Interest coverage ratio | 18.4x |
| Cash | CN¥134.32m |
| Equity | CN¥2.99b |
| Total liabilities | CN¥4.31b |
| Total assets | CN¥7.30b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Harbin Jiuzhou Group Co.,Ltd.'s (SZSE:300040) Massive 41% Price Jump
Oct 08
Why We're Not Concerned Yet About Harbin Jiuzhou Group Co.,Ltd.'s (SZSE:300040) 25% Share Price Plunge
Jul 04Why Investors Shouldn't Be Surprised By Harbin Jiuzhou Group Co.,Ltd.'s (SZSE:300040) 31% Share Price Surge
May 10Harbin Jiuzhou GroupLtd's (SZSE:300040) Returns Have Hit A Wall
Apr 17Investors Continue Waiting On Sidelines For Harbin Jiuzhou Group Co.,Ltd. (SZSE:300040)
Feb 28Financial Position Analysis
Short Term Liabilities: 300040's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300040's short term assets (CN¥1.9B) do not cover its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 300040's net debt to equity ratio (97.4%) is considered high.
Reducing Debt: 300040's debt to equity ratio has increased from 42% to 101.9% over the past 5 years.
Debt Coverage: 300040's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 300040's interest payments on its debt are well covered by EBIT (18.4x coverage).