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
These 4 Measures Indicate That Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Using Debt Reasonably Well
Nov 25
Jiangsu King's Luck Brewery Ltd (SHSE:603369) Could Easily Take On More Debt
Jul 12Is Jiangsu King's Luck Brewery Ltd (SHSE:603369) A Risky Investment?
Mar 14Recent updates
An Intrinsic Calculation For Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. (SHSE:603369) Suggests It's 50% Undervalued
Dec 26These 4 Measures Indicate That Jiangsu King's Luck Brewery Ltd (SHSE:603369) Is Using Debt Reasonably Well
Nov 25We 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 18:02 |
| End of Day Share Price | 2024/12/27 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
Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd. is covered by 22 analysts. 15 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 |
|---|---|
| Sun Feifei | CGS International |
| Siyuan Dong | Changjiang Securities Co. LTD. |
| Lei Yang | China Galaxy International Securities (Hong Kong) |