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
Why Jihua Group's (SHSE:601718) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 02
Is 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.