JCET Group Balance Sheet Health
Financial Health criteria checks 6/6
JCET Group has a total shareholder equity of CN¥27.1B and total debt of CN¥9.9B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are CN¥44.1B and CN¥17.0B respectively. JCET Group's EBIT is CN¥1.6B making its interest coverage ratio 8.9. It has cash and short-term investments of CN¥11.7B.
Key information
36.7%
Debt to equity ratio
CN¥9.94b
Debt
| Interest coverage ratio | 8.9x |
| Cash | CN¥11.73b |
| Equity | CN¥27.07b |
| Total liabilities | CN¥17.04b |
| Total assets | CN¥44.11b |
Recent financial health updates
No updates
Recent updates
JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28
Is JCET Group Co., Ltd. (SHSE:600584) Potentially Undervalued?
Mar 28Estimating The Intrinsic Value Of JCET Group Co., Ltd. (SHSE:600584)
Mar 13Why Investors Shouldn't Be Surprised By JCET Group Co., Ltd.'s (SHSE:600584) Low P/E
Feb 28Financial Position Analysis
Short Term Liabilities: 600584's short term assets (CN¥19.2B) exceed its short term liabilities (CN¥8.2B).
Long Term Liabilities: 600584's short term assets (CN¥19.2B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 600584 has more cash than its total debt.
Reducing Debt: 600584's debt to equity ratio has reduced from 116.4% to 36.7% over the past 5 years.
Debt Coverage: 600584's debt is well covered by operating cash flow (46%).
Interest Coverage: 600584's interest payments on its debt are well covered by EBIT (8.9x coverage).