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¥4.2B and total debt of CN¥49.8M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥5.1B and CN¥944.0M respectively. Shanghai Jin Jiang Online Network Service's EBIT is CN¥14.0M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥1.7B.
Key information
1.2%
Debt to equity ratio
CN¥49.79m
Debt
| Interest coverage ratio | -0.09x |
| Cash | CN¥1.67b |
| Equity | CN¥4.16b |
| Total liabilities | CN¥944.00m |
| Total assets | CN¥5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600650's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥601.4M).
Long Term Liabilities: 600650's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥342.6M).
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 1.3% to 1.2% over the past 5 years.
Debt Coverage: 600650's debt is well covered by operating cash flow (216%).
Interest Coverage: 600650 earns more interest than it pays, so coverage of interest payments is not a concern.