Jinke Property Group Balance Sheet Health
Financial Health criteria checks 3/6
Jinke Property Group has a total shareholder equity of CN¥19.3B and total debt of CN¥63.9B, which brings its debt-to-equity ratio to 330.3%. Its total assets and total liabilities are CN¥216.4B and CN¥197.0B respectively. Jinke Property Group's EBIT is CN¥3.4B making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥5.5B.
Key information
330.3%
Debt to equity ratio
CN¥63.89b
Debt
Interest coverage ratio | -3.3x |
Cash | CN¥5.50b |
Equity | CN¥19.34b |
Total liabilities | CN¥197.01b |
Total assets | CN¥216.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000656's short term assets (CN¥174.3B) exceed its short term liabilities (CN¥172.3B).
Long Term Liabilities: 000656's short term assets (CN¥174.3B) exceed its long term liabilities (CN¥24.7B).
Debt to Equity History and Analysis
Debt Level: 000656's net debt to equity ratio (301.8%) is considered high.
Reducing Debt: 000656's debt to equity ratio has increased from 230.9% to 330.3% 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: 000656 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000656 has less than a year of cash runway if free cash flow continues to grow at historical rates of 10% each year.