China National Gold Group Gold JewelleryLtd Balance Sheet Health
Financial Health criteria checks 6/6
China National Gold Group Gold JewelleryLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥12.5B and CN¥5.0B respectively. China National Gold Group Gold JewelleryLtd's EBIT is CN¥1.7B making its interest coverage ratio 548.1. It has cash and short-term investments of CN¥5.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 548.1x |
| Cash | CN¥5.65b |
| Equity | CN¥7.47b |
| Total liabilities | CN¥4.98b |
| Total assets | CN¥12.45b |
Recent financial health updates
No updates
Recent updates
China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
Nov 05
China National Gold Group Gold JewelleryLtd (SHSE:600916) Might Become A Compounding Machine
Sep 26Is China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 12Should You Think About Buying China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Now?
Jun 17China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value
May 27China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
May 06Investors Don't See Light At End Of China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Tunnel
Mar 28Financial Position Analysis
Short Term Liabilities: 600916's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 600916's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥237.5M).
Debt to Equity History and Analysis
Debt Level: 600916 is debt free.
Reducing Debt: 600916 had no debt 5 years ago.
Debt Coverage: 600916 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600916 has no debt, therefore coverage of interest payments is not a concern.