Jinhong GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jinhong GasLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are CN¥6.9B and CN¥3.5B respectively. Jinhong GasLtd's EBIT is CN¥321.0M making its interest coverage ratio 15.4. It has cash and short-term investments of CN¥1.5B.
Key information
68.3%
Debt to equity ratio
CN¥2.32b
Debt
| Interest coverage ratio | 15.4x |
| Cash | CN¥1.47b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥6.92b |
Recent financial health updates
We Think Jinhong GasLtd (SHSE:688106) Can Stay On Top Of Its Debt
Sep 26
Jinhong GasLtd (SHSE:688106) Seems To Use Debt Quite Sensibly
May 25Recent updates
Jinhong GasLtd (SHSE:688106) Might Be Having Difficulty Using Its Capital Effectively
Nov 27Jinhong GasLtd's (SHSE:688106) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 05Further Upside For Jinhong Gas Co.,Ltd. (SHSE:688106) Shares Could Introduce Price Risks After 45% Bounce
Oct 08We Think Jinhong GasLtd (SHSE:688106) Can Stay On Top Of Its Debt
Sep 26There Are Reasons To Feel Uneasy About Jinhong GasLtd's (SHSE:688106) Returns On Capital
Aug 21Jinhong Gas Co.,Ltd.'s (SHSE:688106) Popularity With Investors Is Under Threat From Overpricing
Jun 15Jinhong GasLtd (SHSE:688106) Seems To Use Debt Quite Sensibly
May 25Jinhong GasLtd (SHSE:688106) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 01Jinhong Gas Co.,Ltd. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next
Mar 29Some Investors May Be Worried About Jinhong GasLtd's (SHSE:688106) Returns On Capital
Mar 25Financial Position Analysis
Short Term Liabilities: 688106's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688106's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 688106's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 688106's debt to equity ratio has increased from 13.3% to 68.3% over the past 5 years.
Debt Coverage: 688106's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 688106's interest payments on its debt are well covered by EBIT (15.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:49 |
| End of Day Share Price | 2024/12/23 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Jinhong Gas Co.,Ltd. is covered by 12 analysts. 7 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 |
|---|---|
| Lei Jiang | China International Capital Corporation Limited |
| Jian Ding | China International Capital Corporation Limited |
| Yi Liu | Citic Securities Co., Ltd. |