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
Recent updates
There's No Escaping Jinan Shengquan Group Share Holding Co., Ltd.'s (SHSE:605589) Muted Earnings Despite A 26% Share Price Rise
Nov 11
Be 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).