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
We Like Jason Furniture (Hangzhou)Ltd's (SHSE:603816) Returns And Here's How They're Trending
Dec 16Jason 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 08:31 |
| End of Day Share Price | 2025/01/03 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Jason Furniture (Hangzhou) Co.,Ltd. is covered by 25 analysts. 16 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 |
|---|---|
| Zhi Wei Yang | BOCI Research Ltd. |
| Xinyi Pang | BofA Global Research |
| Peng Yan | Changjiang Securities Co. LTD. |