Jonjee Hi-Tech Industrial and Commercial HoldingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jonjee Hi-Tech Industrial and Commercial HoldingLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥5.4M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥6.7B and CN¥1.3B respectively. Jonjee Hi-Tech Industrial and Commercial HoldingLtd's EBIT is CN¥737.8M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥758.0M.
Key information
0.1%
Debt to equity ratio
CN¥5.36m
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥758.04m |
| Equity | CN¥5.36b |
| Total liabilities | CN¥1.33b |
| Total assets | CN¥6.70b |
Recent financial health updates
Recent updates
Is Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872) Using Too Much Debt?
Apr 22
Jonjee Hi-Tech Industrial and Commercial HoldingLtd's (SHSE:600872) Profits May Be Overstating Its True Earnings Potential
Apr 07What Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd's (SHSE:600872) P/S Is Not Telling You
Feb 28Financial Position Analysis
Short Term Liabilities: 600872's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600872's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥190.4M).
Debt to Equity History and Analysis
Debt Level: 600872 has more cash than its total debt.
Reducing Debt: 600872's debt to equity ratio has reduced from 23.4% to 0.1% over the past 5 years.
Debt Coverage: 600872's debt is well covered by operating cash flow (19590.4%).
Interest Coverage: 600872 earns more interest than it pays, so coverage of interest payments is not a concern.