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¥18.6B and total debt of CN¥18.4B, which brings its debt-to-equity ratio to 98.9%. Its total assets and total liabilities are CN¥44.4B and CN¥25.8B respectively. Shanghai Jinqiao Export Processing Zone DevelopmentLtd's EBIT is CN¥1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥5.0B.
Key information
98.9%
Debt to equity ratio
CN¥18.36b
Debt
Interest coverage ratio | 3.2x |
Cash | CN¥4.97b |
Equity | CN¥18.56b |
Total liabilities | CN¥25.81b |
Total assets | CN¥44.37b |
Recent financial health updates
No updates
Recent updates
Calculating 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¥27.9B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 600639's short term assets (CN¥27.9B) exceed its long term liabilities (CN¥14.3B).
Debt to Equity History and Analysis
Debt Level: 600639's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: 600639's debt to equity ratio has increased from 62.9% to 98.9% 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 (3.2x coverage).