Jiajiayue Group Balance Sheet Health
Financial Health criteria checks 3/6
Jiajiayue Group has a total shareholder equity of CN¥2.5B and total debt of CN¥894.0M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are CN¥14.1B and CN¥11.5B respectively. Jiajiayue Group's EBIT is CN¥372.3M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥2.8B.
Key information
35.3%
Debt to equity ratio
CN¥894.01m
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥2.81b |
| Equity | CN¥2.53b |
| Total liabilities | CN¥11.55b |
| Total assets | CN¥14.08b |
Recent financial health updates
Recent updates
Jiajiayue Group (SHSE:603708) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 05
Is Jiajiayue Group (SHSE:603708) Using Too Much Debt?
Oct 29Earnings Tell The Story For Jiajiayue Group Co., Ltd. (SHSE:603708)
Sep 07Jiajiayue Group's (SHSE:603708) Solid Earnings Have Been Accounted For Conservatively
Apr 26Some Investors May Be Worried About Jiajiayue Group's (SHSE:603708) Returns On Capital
Mar 28Jiajiayue Group Co., Ltd.'s (SHSE:603708) Price Is Right But Growth Is Lacking
Mar 05Financial Position Analysis
Short Term Liabilities: 603708's short term assets (CN¥5.6B) do not cover its short term liabilities (CN¥7.5B).
Long Term Liabilities: 603708's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 603708 has more cash than its total debt.
Reducing Debt: 603708's debt to equity ratio has increased from 5.4% to 35.3% over the past 5 years.
Debt Coverage: 603708's debt is well covered by operating cash flow (168.5%).
Interest Coverage: 603708's interest payments on its debt are not well covered by EBIT (1.9x coverage).