Shanghai Jinqiao Export Processing Zone DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Jinqiao Export Processing Zone DevelopmentLtd has a total shareholder equity of CN¥18.3B and total debt of CN¥19.6B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are CN¥46.3B and CN¥27.9B respectively. Shanghai Jinqiao Export Processing Zone DevelopmentLtd's EBIT is CN¥1.1B making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥5.2B.
Key information
106.7%
Debt to equity ratio
CN¥19.58b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥5.24b |
| Equity | CN¥18.34b |
| Total liabilities | CN¥27.92b |
| Total assets | CN¥46.26b |
Recent financial health updates
Recent updates
Is Shanghai Jinqiao Export Processing Zone DevelopmentLtd (SHSE:600639) Using Too Much Debt?
Sep 19
Little Excitement Around Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Earnings
Aug 28Calculating The Intrinsic Value Of Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639)
Aug 01Benign Growth For Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639) Underpins Its Share Price
May 22Shanghai Jinqiao Export Processing Zone DevelopmentLtd's (SHSE:600639) Profits May Not Reveal Underlying Issues
Apr 18Financial Position Analysis
Short Term Liabilities: 600639's short term assets (CN¥28.5B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: 600639's short term assets (CN¥28.5B) exceed its long term liabilities (CN¥14.0B).
Debt to Equity History and Analysis
Debt Level: 600639's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: 600639's debt to equity ratio has increased from 85.9% to 106.7% over the past 5 years.
Debt Coverage: 600639's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600639's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:05 |
| End of Day Share Price | 2024/12/20 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
Shanghai Jinqiao Export Processing Zone Development Co.,Ltd is covered by 10 analysts. 0 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 |
|---|---|
| Yu Zhang | China International Capital Corporation Limited |
| Jinsong Du | Credit Suisse |
| Haowu Chen | Everbright Securities Co. Ltd. |