Jiangsu King's Luck Brewery Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu King's Luck Brewery has a total shareholder equity of CN¥15.1B and total debt of CN¥919.4M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥22.4B and CN¥7.3B respectively. Jiangsu King's Luck Brewery's EBIT is CN¥4.5B making its interest coverage ratio -18.3. It has cash and short-term investments of CN¥7.7B.
Key information
6.1%
Debt to equity ratio
CN¥919.39m
Debt
| Interest coverage ratio | -18.3x |
| Cash | CN¥7.68b |
| Equity | CN¥15.13b |
| Total liabilities | CN¥7.26b |
| Total assets | CN¥22.39b |
Recent financial health updates
Jiangsu King's Luck Brewery Ltd (SHSE:603369) Could Easily Take On More Debt
Jul 12
Is Jiangsu King's Luck Brewery Ltd (SHSE:603369) A Risky Investment?
Mar 14Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Jiangsu King's Luck Brewery Ltd's (SHSE:603369) Earnings
Nov 06Why We Like The Returns At Jiangsu King's Luck Brewery Ltd (SHSE:603369)
Oct 29Little Excitement Around Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.'s (SHSE:603369) Earnings
Sep 23Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Just Reported Earnings, And Analysts Cut Their Target Price
Aug 19Is Now The Time To Put Jiangsu King's Luck Brewery Ltd (SHSE:603369) On Your Watchlist?
Jul 28Jiangsu King's Luck Brewery Ltd (SHSE:603369) Could Easily Take On More Debt
Jul 12Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.'s (SHSE:603369) Low P/E No Reason For Excitement
Jun 23Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Paying Out A Larger Dividend Than Last Year
Jun 07Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Shares Could Be 41% Below Their Intrinsic Value Estimate
May 24We Think That There Are Some Issues For Jiangsu King's Luck Brewery Ltd (SHSE:603369) Beyond Its Promising Earnings
May 06Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 02Here's Why We Think Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Well Worth Watching
Mar 29Is Jiangsu King's Luck Brewery Ltd (SHSE:603369) A Risky Investment?
Mar 14Financial Position Analysis
Short Term Liabilities: 603369's short term assets (CN¥12.4B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 603369's short term assets (CN¥12.4B) exceed its long term liabilities (CN¥195.8M).
Debt to Equity History and Analysis
Debt Level: 603369 has more cash than its total debt.
Reducing Debt: 603369's debt to equity ratio has increased from 0% to 6.1% over the past 5 years.
Debt Coverage: 603369's debt is well covered by operating cash flow (331.6%).
Interest Coverage: 603369 earns more interest than it pays, so coverage of interest payments is not a concern.