Jinan Shengquan Group Share Holding Balance Sheet Health
Financial Health criteria checks 4/6
Jinan Shengquan Group Share Holding has a total shareholder equity of CN¥10.6B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥15.0B and CN¥4.5B respectively. Jinan Shengquan Group Share Holding's EBIT is CN¥1.0B making its interest coverage ratio 98.3. It has cash and short-term investments of CN¥1.1B.
Key information
21.5%
Debt to equity ratio
CN¥2.28b
Debt
| Interest coverage ratio | 98.3x |
| Cash | CN¥1.08b |
| Equity | CN¥10.57b |
| Total liabilities | CN¥4.47b |
| Total assets | CN¥15.04b |
Recent financial health updates
We Think Jinan Shengquan Group Share Holding (SHSE:605589) Can Stay On Top Of Its Debt
Dec 18
Is Jinan Shengquan Group Share Holding (SHSE:605589) Using Too Much Debt?
May 21Recent updates
We Think Jinan Shengquan Group Share Holding (SHSE:605589) Can Stay On Top Of Its Debt
Dec 18Why Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) Could Be Worth Watching
Nov 29There's No Escaping Jinan Shengquan Group Share Holding Co., Ltd.'s (SHSE:605589) Muted Earnings Despite A 26% Share Price Rise
Nov 11Be Wary Of Jinan Shengquan Group Share Holding (SHSE:605589) And Its Returns On Capital
Oct 14Why Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) Could Be Worth Watching
Jul 19There Are Reasons To Feel Uneasy About Jinan Shengquan Group Share Holding's (SHSE:605589) Returns On Capital
Jun 16Is Jinan Shengquan Group Share Holding (SHSE:605589) Using Too Much Debt?
May 21We Think You Should Be Aware Of Some Concerning Factors In Jinan Shengquan Group Share Holding's (SHSE:605589) Earnings
May 03These Analysts Think Jinan Shengquan Group Share Holding Co., Ltd.'s (SHSE:605589) Sales Are Under Threat
Apr 20Should You Investigate Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) At CN¥21.35?
Mar 20Improved Earnings Required Before Jinan Shengquan Group Share Holding Co., Ltd. (SHSE:605589) Stock's 29% Jump Looks Justified
Mar 01Financial Position Analysis
Short Term Liabilities: 605589's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 605589's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥553.0M).
Debt to Equity History and Analysis
Debt Level: 605589's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 605589's debt to equity ratio has increased from 21.1% to 21.5% over the past 5 years.
Debt Coverage: 605589's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 605589's interest payments on its debt are well covered by EBIT (98.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 04:39 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jinan Shengquan Group Share Holding Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaiming Fu | China International Capital Corporation Limited |
| Lin Yang | Guosen Securities Co., Ltd. |
| Ting Zhou Zhuang | Huatai Research |