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
No updates
Recent updates
Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 19:06 |
| End of Day Share Price | 2024/12/18 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
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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
Jiajiayue Group Co., Ltd. is covered by 17 analysts. 5 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 |
|---|---|
| Jin Li | Changjiang Securities Co. LTD. |
| Bo Chen | Chasing Securities |
| Weixuan Zhen | China Galaxy Securities Co., Ltd. |