Jihua Group Balance Sheet Health
Financial Health criteria checks 4/6
Jihua Group has a total shareholder equity of CN¥16.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥25.5B and CN¥8.7B respectively.
Key information
9.1%
Debt to equity ratio
CN¥1.53b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.71b |
| Equity | CN¥16.83b |
| Total liabilities | CN¥8.68b |
| Total assets | CN¥25.51b |
Recent financial health updates
Recent updates
Lacklustre Performance Is Driving Jihua Group Corporation Limited's (SHSE:601718) Low P/S
Dec 08
Why Jihua Group's (SHSE:601718) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 02Is Jihua Group (SHSE:601718) A Risky Investment?
Sep 30Jihua Group Corporation Limited's (SHSE:601718) Business And Shares Still Trailing The Industry
Jun 26Jihua Group (SHSE:601718) Might Have The Makings Of A Multi-Bagger
May 25Jihua Group's (SHSE:601718) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 21Financial Position Analysis
Short Term Liabilities: 601718's short term assets (CN¥14.7B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 601718's short term assets (CN¥14.7B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 601718 has more cash than its total debt.
Reducing Debt: 601718's debt to equity ratio has reduced from 30% to 9.1% over the past 5 years.
Debt Coverage: 601718's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if 601718's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 11:21 |
| End of Day Share Price | 2024/12/31 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jihua Group Corporation Limited is covered by 6 analysts. 2 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 |
|---|---|
| Chongguang Feng | Citic Securities Co., Ltd. |
| Jiarui Tang | Everbright Securities Co. Ltd. |
| Wei Wei Sun | Everbright Securities Co. Ltd. |