Jiangsu High Hope International Group Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu High Hope International Group has a total shareholder equity of CN¥5.6B and total debt of CN¥11.8B, which brings its debt-to-equity ratio to 211.6%. Its total assets and total liabilities are CN¥26.9B and CN¥21.3B respectively. Jiangsu High Hope International Group's EBIT is CN¥365.5M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥7.5B.
Key information
211.6%
Debt to equity ratio
CN¥11.78b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥7.48b |
| Equity | CN¥5.57b |
| Total liabilities | CN¥21.34b |
| Total assets | CN¥26.90b |
Recent financial health updates
Does Jiangsu High Hope International Group (SHSE:600981) Have A Healthy Balance Sheet?
Dec 11
Is Jiangsu High Hope International Group (SHSE:600981) Using Too Much Debt?
May 27Recent updates
Does Jiangsu High Hope International Group (SHSE:600981) Have A Healthy Balance Sheet?
Dec 11Jiangsu High Hope International Group Corporation's (SHSE:600981) Shares Climb 30% But Its Business Is Yet to Catch Up
Nov 15Investors Will Want Jiangsu High Hope International Group's (SHSE:600981) Growth In ROCE To Persist
Oct 28What Jiangsu High Hope International Group Corporation's (SHSE:600981) 39% Share Price Gain Is Not Telling You
Oct 01Jiangsu High Hope International Group Corporation (SHSE:600981) Stock Rockets 39% As Investors Are Less Pessimistic Than Expected
Oct 01Is Jiangsu High Hope International Group (SHSE:600981) Using Too Much Debt?
May 27Revenues Not Telling The Story For Jiangsu High Hope International Group Corporation (SHSE:600981)
Apr 17The Returns At Jiangsu High Hope International Group (SHSE:600981) Aren't Growing
Feb 28Financial Position Analysis
Short Term Liabilities: 600981's short term assets (CN¥22.0B) exceed its short term liabilities (CN¥16.8B).
Long Term Liabilities: 600981's short term assets (CN¥22.0B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 600981's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: 600981's debt to equity ratio has increased from 174.4% to 211.6% over the past 5 years.
Debt Coverage: 600981's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600981's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 12:03 |
| 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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Industry and Sector Metrics
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Analyst Sources
Jiangsu High Hope International Group Corporation is covered by 0 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 |
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