Anhui Jinhe IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Jinhe IndustrialLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥10.2B and CN¥2.8B respectively. Anhui Jinhe IndustrialLtd's EBIT is CN¥538.7M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥3.1B.
Key information
21.2%
Debt to equity ratio
CN¥1.58b
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥3.14b |
| Equity | CN¥7.46b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥10.22b |
Recent financial health updates
Anhui Jinhe IndustrialLtd (SZSE:002597) Seems To Use Debt Quite Sensibly
Jun 26
We Think Anhui Jinhe IndustrialLtd (SZSE:002597) Can Stay On Top Of Its Debt
Mar 22Recent updates
Not Many Are Piling Into Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597) Just Yet
Dec 23Anhui Jinhe IndustrialLtd (SZSE:002597) Could Be Struggling To Allocate Capital
Nov 22What Does Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Share Price Indicate?
Oct 27Are Investors Undervaluing Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597) By 30%?
Sep 29Anhui Jinhe IndustrialLtd's (SZSE:002597) Weak Earnings May Only Reveal A Part Of The Whole Picture
Sep 05Investors Aren't Buying Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Earnings
Aug 21Anhui Jinhe IndustrialLtd's (SZSE:002597) Returns On Capital Not Reflecting Well On The Business
Aug 07Anhui Jinhe IndustrialLtd (SZSE:002597) Seems To Use Debt Quite Sensibly
Jun 26When Should You Buy Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597)?
Jun 08Analysts' Revenue Estimates For Anhui Jinhe Industrial Co.,Ltd. (SZSE:002597) Are Surging Higher
May 05Revenue Miss: Anhui Jinhe Industrial Co.,Ltd. Fell 28% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
May 01Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Apr 29We Think Anhui Jinhe IndustrialLtd (SZSE:002597) Can Stay On Top Of Its Debt
Mar 22Earnings Working Against Anhui Jinhe Industrial Co.,Ltd.'s (SZSE:002597) Share Price
Mar 08Financial Position Analysis
Short Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002597 has more cash than its total debt.
Reducing Debt: 002597's debt to equity ratio has increased from 14.1% to 21.2% over the past 5 years.
Debt Coverage: 002597's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 002597 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:55 |
| End of Day Share Price | 2024/12/27 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
Anhui Jinhe Industrial Co.,Ltd. is covered by 14 analysts. 5 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 |
|---|---|
| Ding Leilei | Chasing Securities |
| Xiongwei Jia | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |