Shandong Jinjing Science & Technology StockLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Jinjing Science & Technology StockLtd has a total shareholder equity of CN¥6.2B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are CN¥11.3B and CN¥5.2B respectively. Shandong Jinjing Science & Technology StockLtd's EBIT is CN¥615.0M making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥2.1B.
Key information
39.6%
Debt to equity ratio
CN¥2.45b
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥2.15b |
| Equity | CN¥6.20b |
| Total liabilities | CN¥5.15b |
| Total assets | CN¥11.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600586's short term assets (CN¥4.1B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 600586's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥954.6M).
Debt to Equity History and Analysis
Debt Level: 600586's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: 600586's debt to equity ratio has increased from 29.2% to 39.6% over the past 5 years.
Debt Coverage: 600586's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 600586's interest payments on its debt are well covered by EBIT (6.4x coverage).