Jilin Yatai (Group) Balance Sheet Health
Financial Health criteria checks 3/6
Jilin Yatai (Group) has a total shareholder equity of CN¥10.2B and total debt of CN¥27.7B, which brings its debt-to-equity ratio to 272.6%. Its total assets and total liabilities are CN¥49.5B and CN¥39.4B respectively.
Key information
272.6%
Debt to equity ratio
CN¥27.70b
Debt
Interest coverage ratio | n/a |
Cash | CN¥798.65m |
Equity | CN¥10.16b |
Total liabilities | CN¥39.37b |
Total assets | CN¥49.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600881's short term assets (CN¥23.8B) do not cover its short term liabilities (CN¥35.4B).
Long Term Liabilities: 600881's short term assets (CN¥23.8B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600881's net debt to equity ratio (264.7%) is considered high.
Reducing Debt: 600881's debt to equity ratio has increased from 160% to 272.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600881 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600881 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 35.8% per year.