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).