JINHUI LIQUOR Balance Sheet Health
Financial Health criteria checks 6/6
JINHUI LIQUOR has a total shareholder equity of CN¥3.3B and total debt of CN¥23.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥4.3B and CN¥1.1B respectively. JINHUI LIQUOR's EBIT is CN¥453.8M making its interest coverage ratio -21.5. It has cash and short-term investments of CN¥771.3M.
Key information
0.7%
Debt to equity ratio
CN¥23.46m
Debt
| Interest coverage ratio | -21.5x |
| Cash | CN¥771.26m |
| Equity | CN¥3.26b |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥4.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603919's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603919's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥45.2M).
Debt to Equity History and Analysis
Debt Level: 603919 has more cash than its total debt.
Reducing Debt: 603919's debt to equity ratio has reduced from 6.4% to 0.7% over the past 5 years.
Debt Coverage: 603919's debt is well covered by operating cash flow (2361.7%).
Interest Coverage: 603919 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 | 2024/12/26 19:26 |
| End of Day Share Price | 2024/12/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
JINHUI LIQUOR Co., Ltd. is covered by 13 analysts. 9 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 |
|---|---|
| Laizhen Liu | China Galaxy Securities Co., Ltd. |
| Wendan Wang | China International Capital Corporation Limited |
| Jiaqi Yu | China Merchants Securities Co. Ltd. |