Shanghai Jin Jiang Online Network Service Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Jin Jiang Online Network Service has a total shareholder equity of CN¥4.3B and total debt of CN¥43.4M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥5.2B and CN¥900.8M respectively. Shanghai Jin Jiang Online Network Service's EBIT is CN¥7.2M making its interest coverage ratio -0. It has cash and short-term investments of CN¥1.8B.
Key information
1.0%
Debt to equity ratio
CN¥43.39m
Debt
| Interest coverage ratio | -0.05x |
| Cash | CN¥1.76b |
| Equity | CN¥4.26b |
| Total liabilities | CN¥900.79m |
| Total assets | CN¥5.16b |
Recent financial health updates
Recent updates
Optimistic Investors Push Shanghai Jin Jiang Online Network Service Co., Ltd. (SHSE:600650) Shares Up 30% But Growth Is Lacking
Dec 11
Shanghai Jin Jiang Online Network Service's (SHSE:600650) Profits May Not Reveal Underlying Issues
Nov 06Shanghai Jin Jiang Online Network Service Co., Ltd.'s (SHSE:600650) 36% Price Boost Is Out Of Tune With Earnings
Oct 22These 4 Measures Indicate That Shanghai Jin Jiang Online Network Service (SHSE:600650) Is Using Debt Reasonably Well
Oct 18Shanghai Jin Jiang Online Network Service Co., Ltd.'s (SHSE:600650) 26% Share Price Plunge Could Signal Some Risk
Sep 03Returns At Shanghai Jin Jiang Online Network Service (SHSE:600650) Are On The Way Up
Aug 07Revenues Not Telling The Story For Shanghai Jin Jiang Online Network Service Co., Ltd. (SHSE:600650) After Shares Rise 28%
Jul 12Shanghai Jin Jiang Online Network Service's (SHSE:600650) Anemic Earnings Might Be Worse Than You Think
Apr 04Shanghai Jin Jiang Online Network Service Co., Ltd. (SHSE:600650) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Feb 29Financial Position Analysis
Short Term Liabilities: 600650's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥533.3M).
Long Term Liabilities: 600650's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥367.5M).
Debt to Equity History and Analysis
Debt Level: 600650 has more cash than its total debt.
Reducing Debt: 600650's debt to equity ratio has reduced from 1.2% to 1% over the past 5 years.
Debt Coverage: 600650's debt is well covered by operating cash flow (387.8%).
Interest Coverage: 600650 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:20 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Jin Jiang Online Network Service Co., Ltd. is covered by 3 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 |
|---|---|
| Huei chen Flannery | KGI Securities Co. Ltd. |
| Yongzhong Qu | Shenwan Hongyuan Securities |
| Yogesh Pathak | Virtua Research Inc. |