Zhejiang Jasan Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Jasan Holding Group has a total shareholder equity of CN¥2.5B and total debt of CN¥721.6M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥3.4B and CN¥957.7M respectively. Zhejiang Jasan Holding Group's EBIT is CN¥328.3M making its interest coverage ratio 13.2. It has cash and short-term investments of CN¥333.6M.
Key information
29.3%
Debt to equity ratio
CN¥721.65m
Debt
Interest coverage ratio | 13.2x |
Cash | CN¥333.62m |
Equity | CN¥2.46b |
Total liabilities | CN¥957.74m |
Total assets | CN¥3.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603558's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥877.4M).
Long Term Liabilities: 603558's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥80.3M).
Debt to Equity History and Analysis
Debt Level: 603558's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 603558's debt to equity ratio has increased from 17.1% to 29.3% over the past 5 years.
Debt Coverage: 603558's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 603558's interest payments on its debt are well covered by EBIT (13.2x coverage).