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¥473.1M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥7.5B and CN¥2.0B respectively. Jonjee Hi-Tech Industrial and Commercial HoldingLtd's EBIT is CN¥786.1M making its interest coverage ratio -16.8. It has cash and short-term investments of CN¥744.4M.
Key information
8.7%
Debt to equity ratio
CN¥473.12m
Debt
| Interest coverage ratio | -16.8x |
| Cash | CN¥744.44m |
| Equity | CN¥5.45b |
| Total liabilities | CN¥2.03b |
| Total assets | CN¥7.47b |
Recent financial health updates
We Think Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872) Can Manage Its Debt With Ease
Oct 16
Is Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872) Using Too Much Debt?
Apr 22Recent updates
Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 28We Think Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872) Can Manage Its Debt With Ease
Oct 16Optimistic Investors Push Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd (SHSE:600872) Shares Up 33% But Growth Is Lacking
Oct 01Is There An Opportunity With Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd's (SHSE:600872) 27% Undervaluation?
Sep 30Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd's (SHSE:600872) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 23Returns On Capital Signal Tricky Times Ahead For Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872)
Jun 21A Look At The Fair Value Of Jonjee Hi-Tech Industrial and Commercial Holding Co.,Ltd (SHSE:600872)
Jun 03Is Jonjee Hi-Tech Industrial and Commercial HoldingLtd (SHSE:600872) Using Too Much Debt?
Apr 22Jonjee 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¥4.5B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600872's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥213.8M).
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 12.6% to 8.7% over the past 5 years.
Debt Coverage: 600872's debt is well covered by operating cash flow (192.6%).
Interest Coverage: 600872 earns more interest than it pays, so coverage of interest payments is not a concern.