Jinan Shengquan Group Share Holding Balance Sheet Health
Financial Health criteria checks 6/6
Jinan Shengquan Group Share Holding has a total shareholder equity of CN¥10.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are CN¥14.8B and CN¥4.1B respectively. Jinan Shengquan Group Share Holding's EBIT is CN¥977.5M making its interest coverage ratio 17.8. It has cash and short-term investments of CN¥1.9B.
Key information
13.8%
Debt to equity ratio
CN¥1.46b
Debt
Interest coverage ratio | 17.8x |
Cash | CN¥1.86b |
Equity | CN¥10.61b |
Total liabilities | CN¥4.15b |
Total assets | CN¥14.75b |
Recent financial health updates
Recent updates
Is 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¥7.4B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 605589's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥602.7M).
Debt to Equity History and Analysis
Debt Level: 605589 has more cash than its total debt.
Reducing Debt: 605589's debt to equity ratio has reduced from 33.5% to 13.8% over the past 5 years.
Debt Coverage: 605589's debt is well covered by operating cash flow (50.8%).
Interest Coverage: 605589's interest payments on its debt are well covered by EBIT (17.8x coverage).