Shenzhen Jinjia GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Jinjia GroupLtd has a total shareholder equity of CN¥6.9B and total debt of CN¥243.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥8.8B and CN¥1.9B respectively. Shenzhen Jinjia GroupLtd's EBIT is CN¥101.1M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥985.5M.
Key information
3.5%
Debt to equity ratio
CN¥243.00m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥985.54m |
| Equity | CN¥6.91b |
| Total liabilities | CN¥1.94b |
| Total assets | CN¥8.85b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Shenzhen Jinjia Group Co.,Ltd. (SZSE:002191) With Shares Advancing 26%
Oct 07
Need To Know: This Analyst Just Made A Substantial Cut To Their Shenzhen Jinjia Group Co.,Ltd. (SZSE:002191) Estimates
Sep 15These Return Metrics Don't Make Shenzhen Jinjia GroupLtd (SZSE:002191) Look Too Strong
Jul 31Why We're Not Concerned About Shenzhen Jinjia Group Co.,Ltd.'s (SZSE:002191) Share Price
Jun 26Investors Can Find Comfort In Shenzhen Jinjia GroupLtd's (SZSE:002191) Earnings Quality
Apr 26Shenzhen Jinjia GroupLtd (SZSE:002191) Has A Pretty Healthy Balance Sheet
Mar 28Financial Position Analysis
Short Term Liabilities: 002191's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002191's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥112.7M).
Debt to Equity History and Analysis
Debt Level: 002191 has more cash than its total debt.
Reducing Debt: 002191's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: 002191's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002191 earns more interest than it pays, so coverage of interest payments is not a concern.