Jiang Su Suyan JingshenLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiang Su Suyan JingshenLtd has a total shareholder equity of CN¥6.2B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥10.7B and CN¥4.5B respectively. Jiang Su Suyan JingshenLtd's EBIT is CN¥839.5M making its interest coverage ratio -60.4. It has cash and short-term investments of CN¥4.0B.
Key information
32.8%
Debt to equity ratio
CN¥2.03b
Debt
Interest coverage ratio | -60.4x |
Cash | CN¥4.05b |
Equity | CN¥6.19b |
Total liabilities | CN¥4.53b |
Total assets | CN¥10.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603299's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 603299's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603299 has more cash than its total debt.
Reducing Debt: 603299's debt to equity ratio has reduced from 45.5% to 32.8% over the past 5 years.
Debt Coverage: 603299's debt is well covered by operating cash flow (70.3%).
Interest Coverage: 603299 earns more interest than it pays, so coverage of interest payments is not a concern.