Hangzhou Jiebai Group Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Jiebai Group has a total shareholder equity of CN¥4.7B and total debt of CN¥268.2M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥8.5B and CN¥3.8B respectively. Hangzhou Jiebai Group's EBIT is CN¥535.6M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥5.0B.
Key information
5.7%
Debt to equity ratio
CN¥268.21m
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥5.02b |
| Equity | CN¥4.68b |
| Total liabilities | CN¥3.84b |
| Total assets | CN¥8.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600814's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 600814's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600814 has more cash than its total debt.
Reducing Debt: 600814's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Debt Coverage: 600814's debt is well covered by operating cash flow (789.1%).
Interest Coverage: 600814 earns more interest than it pays, so coverage of interest payments is not a concern.