Jason Furniture (Hangzhou)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Jason Furniture (Hangzhou)Ltd has a total shareholder equity of CN¥10.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥16.1B and CN¥6.1B respectively. Jason Furniture (Hangzhou)Ltd's EBIT is CN¥2.1B making its interest coverage ratio -82.1. It has cash and short-term investments of CN¥2.3B.
Key information
11.0%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | -82.1x |
| Cash | CN¥2.27b |
| Equity | CN¥9.98b |
| Total liabilities | CN¥6.13b |
| Total assets | CN¥16.11b |
Recent financial health updates
Jason Furniture (Hangzhou)Ltd (SHSE:603816) Seems To Use Debt Quite Sensibly
Nov 19
Jason Furniture (Hangzhou)Ltd (SHSE:603816) Has A Pretty Healthy Balance Sheet
Jun 17Recent updates
Jason Furniture (Hangzhou)Ltd (SHSE:603816) Seems To Use Debt Quite Sensibly
Nov 19Concerns Surrounding Jason Furniture (Hangzhou)Ltd's (SHSE:603816) Performance
Nov 05At CN¥32.70, Is Jason Furniture (Hangzhou) Co.,Ltd. (SHSE:603816) Worth Looking At Closely?
Oct 27Jason Furniture (Hangzhou) Co.,Ltd.'s (SHSE:603816) Intrinsic Value Is Potentially 76% Above Its Share Price
Oct 13Jason Furniture (Hangzhou) Co.,Ltd. (SHSE:603816) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Sep 29Jason Furniture (Hangzhou)Ltd (SHSE:603816) Is Achieving High Returns On Its Capital
Sep 06Insufficient Growth At Jason Furniture (Hangzhou) Co.,Ltd. (SHSE:603816) Hampers Share Price
Jul 15What Does Jason Furniture (Hangzhou) Co.,Ltd.'s (SHSE:603816) Share Price Indicate?
Jul 01Jason Furniture (Hangzhou)Ltd (SHSE:603816) Has A Pretty Healthy Balance Sheet
Jun 17The Trend Of High Returns At Jason Furniture (Hangzhou)Ltd (SHSE:603816) Has Us Very Interested
Jun 03An Intrinsic Calculation For Jason Furniture (Hangzhou) Co.,Ltd. (SHSE:603816) Suggests It's 28% Undervalued
May 21Jason Furniture (Hangzhou)Ltd's (SHSE:603816) Profits May Not Reveal Underlying Issues
May 06Why Investors Shouldn't Be Surprised By Jason Furniture (Hangzhou) Co.,Ltd.'s (SHSE:603816) Low P/E
Apr 09Is Jason Furniture (Hangzhou) Co.,Ltd. (SHSE:603816) Potentially Undervalued?
Mar 12Financial Position Analysis
Short Term Liabilities: 603816's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 603816's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥455.5M).
Debt to Equity History and Analysis
Debt Level: 603816 has more cash than its total debt.
Reducing Debt: 603816's debt to equity ratio has reduced from 39.2% to 11% over the past 5 years.
Debt Coverage: 603816's debt is well covered by operating cash flow (234.7%).
Interest Coverage: 603816 earns more interest than it pays, so coverage of interest payments is not a concern.