Shanghai Jahwa United Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Jahwa United has a total shareholder equity of CN¥7.9B and total debt of CN¥652.8M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥11.8B and CN¥3.9B respectively. Shanghai Jahwa United's EBIT is CN¥499.3M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥3.8B.
Key information
8.2%
Debt to equity ratio
CN¥652.81m
Debt
Interest coverage ratio | -10.7x |
Cash | CN¥3.84b |
Equity | CN¥7.92b |
Total liabilities | CN¥3.91b |
Total assets | CN¥11.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600315's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600315's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥669.5M).
Debt to Equity History and Analysis
Debt Level: 600315 has more cash than its total debt.
Reducing Debt: 600315's debt to equity ratio has reduced from 17.9% to 8.2% over the past 5 years.
Debt Coverage: 600315's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 600315 earns more interest than it pays, so coverage of interest payments is not a concern.