Shanghai Jinqiao Export Processing Zone Development Co.,Ltd

SHSE:600639 Stock Report

Market Cap: CN¥9.4b

Shanghai Jinqiao Export Processing Zone DevelopmentLtd Balance Sheet Health

Financial Health criteria checks 3/6

Shanghai Jinqiao Export Processing Zone DevelopmentLtd has a total shareholder equity of CN¥18.0B and total debt of CN¥16.0B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are CN¥45.4B and CN¥27.5B respectively. Shanghai Jinqiao Export Processing Zone DevelopmentLtd's EBIT is CN¥1.2B making its interest coverage ratio 5.8. It has cash and short-term investments of CN¥5.4B.

Key information

89.4%

Debt to equity ratio

CN¥16.04b

Debt

Interest coverage ratio5.8x
CashCN¥5.43b
EquityCN¥17.95b
Total liabilitiesCN¥27.45b
Total assetsCN¥45.40b

Recent financial health updates

No updates

Recent updates

Little Excitement Around Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Earnings

Aug 28
Little Excitement Around Shanghai Jinqiao Export Processing Zone Development Co.,Ltd's (SHSE:600639) Earnings

Calculating The Intrinsic Value Of Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639)

Aug 01
Calculating The Intrinsic Value Of Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639)

Benign Growth For Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639) Underpins Its Share Price

May 22
Benign Growth For Shanghai Jinqiao Export Processing Zone Development Co.,Ltd (SHSE:600639) Underpins Its Share Price

Shanghai Jinqiao Export Processing Zone DevelopmentLtd's (SHSE:600639) Profits May Not Reveal Underlying Issues

Apr 18
Shanghai Jinqiao Export Processing Zone DevelopmentLtd's (SHSE:600639) Profits May Not Reveal Underlying Issues

Financial Position Analysis

Short Term Liabilities: 600639's short term assets (CN¥29.0B) exceed its short term liabilities (CN¥14.6B).

Long Term Liabilities: 600639's short term assets (CN¥29.0B) exceed its long term liabilities (CN¥12.9B).


Debt to Equity History and Analysis

Debt Level: 600639's net debt to equity ratio (59.1%) is considered high.

Reducing Debt: 600639's debt to equity ratio has increased from 68% to 89.4% 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 well covered by EBIT (5.8x coverage).


Balance Sheet


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