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
No updates
Recent updates
Financial 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 | 2024/12/24 02:43 |
| End of Day Share Price | 2024/12/24 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
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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. |