Shenzhen Jinjia GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Jinjia GroupLtd has a total shareholder equity of CN¥7.2B and total debt of CN¥335.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥9.2B and CN¥2.0B respectively. Shenzhen Jinjia GroupLtd's EBIT is CN¥316.3M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥1.2B.
Key information
4.6%
Debt to equity ratio
CN¥335.03m
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥1.17b |
Equity | CN¥7.21b |
Total liabilities | CN¥1.99b |
Total assets | CN¥9.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002191's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002191's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥78.9M).
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 4.6% 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.