Tianjin Jintou State-owned Urban Development Balance Sheet Health
Financial Health criteria checks 3/6
Tianjin Jintou State-owned Urban Development has a total shareholder equity of CN¥513.0M and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 1690.9%. Its total assets and total liabilities are CN¥15.6B and CN¥15.1B respectively.
Key information
1,690.9%
Debt to equity ratio
CN¥8.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥243.68m |
| Equity | CN¥512.97m |
| Total liabilities | CN¥15.05b |
| Total assets | CN¥15.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600322's short term assets (CN¥13.9B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 600322's short term assets (CN¥13.9B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 600322's net debt to equity ratio (1643.4%) is considered high.
Reducing Debt: 600322's debt to equity ratio has increased from 241.7% to 1690.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600322 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600322 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.1% each year