JCHX Mining ManagementLtd Balance Sheet Health
Financial Health criteria checks 5/6
JCHX Mining ManagementLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥13.8B and CN¥6.1B respectively. JCHX Mining ManagementLtd's EBIT is CN¥1.7B making its interest coverage ratio 11.5. It has cash and short-term investments of CN¥1.6B.
Key information
37.0%
Debt to equity ratio
CN¥2.85b
Debt
| Interest coverage ratio | 11.5x |
| Cash | CN¥1.64b |
| Equity | CN¥7.70b |
| Total liabilities | CN¥6.07b |
| Total assets | CN¥13.77b |
Recent financial health updates
Recent updates
Does JCHX Mining ManagementLtd (SHSE:603979) Deserve A Spot On Your Watchlist?
Jun 05
Is JCHX Mining ManagementLtd (SHSE:603979) A Risky Investment?
May 06An Intrinsic Calculation For JCHX Mining Management Co.,Ltd. (SHSE:603979) Suggests It's 44% Undervalued
Apr 12JCHX Mining Management Co.,Ltd.'s (SHSE:603979) Popularity With Investors Is Clear
Mar 28If EPS Growth Is Important To You, JCHX Mining ManagementLtd (SHSE:603979) Presents An Opportunity
Mar 01Financial Position Analysis
Short Term Liabilities: 603979's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 603979's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 603979's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 603979's debt to equity ratio has increased from 28.2% to 37% over the past 5 years.
Debt Coverage: 603979's debt is well covered by operating cash flow (39.4%).
Interest Coverage: 603979's interest payments on its debt are well covered by EBIT (11.5x coverage).