Jiangsu Safety GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Safety GroupLtd has a total shareholder equity of CN¥786.1M and total debt of CN¥827.0M, which brings its debt-to-equity ratio to 105.2%. Its total assets and total liabilities are CN¥2.6B and CN¥1.8B respectively.
Key information
105.2%
Debt to equity ratio
CN¥827.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥138.89m |
| Equity | CN¥786.15m |
| Total liabilities | CN¥1.79b |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
Jiangsu Safety Group Co.,Ltd. (SHSE:603028) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jun 07
Not Many Are Piling Into Jiangsu Safety Group Co.,Ltd. (SHSE:603028) Stock Yet As It Plummets 25%
Jun 06Jiangsu Safety GroupLtd (SHSE:603028) Is Posting Healthy Earnings, But It Is Not All Good News
May 02A Piece Of The Puzzle Missing From Jiangsu Safety Group Co.,Ltd.'s (SHSE:603028) Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 603028's short term assets (CN¥963.0M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603028's short term assets (CN¥963.0M) exceed its long term liabilities (CN¥504.7M).
Debt to Equity History and Analysis
Debt Level: 603028's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: 603028's debt to equity ratio has increased from 14% to 105.2% over the past 5 years.
Debt Coverage: 603028's debt is well covered by operating cash flow (30%).
Interest Coverage: Insufficient data to determine if 603028's interest payments on its debt are well covered by EBIT.