JCET Group Balance Sheet Health
Financial Health criteria checks 6/6
JCET Group has a total shareholder equity of CN¥28.5B and total debt of CN¥12.7B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are CN¥53.6B and CN¥25.1B respectively. JCET Group's EBIT is CN¥1.8B making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥11.3B.
Key information
44.7%
Debt to equity ratio
CN¥12.73b
Debt
| Interest coverage ratio | 12.5x |
| Cash | CN¥11.26b |
| Equity | CN¥28.48b |
| Total liabilities | CN¥25.14b |
| Total assets | CN¥53.62b |
Recent financial health updates
JCET Group (SHSE:600584) Seems To Use Debt Rather Sparingly
Nov 12
Is JCET Group (SHSE:600584) A Risky Investment?
May 13Recent updates
JCET Group (SHSE:600584) Seems To Use Debt Rather Sparingly
Nov 12Earnings Miss: JCET Group Co., Ltd. Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 29Earnings Tell The Story For JCET Group Co., Ltd. (SHSE:600584)
Oct 07An Intrinsic Calculation For JCET Group Co., Ltd. (SHSE:600584) Suggests It's 37% Undervalued
Sep 23At CN¥29.57, Is It Time To Put JCET Group Co., Ltd. (SHSE:600584) On Your Watch List?
Aug 07JCET Group's (SHSE:600584) Returns On Capital Are Heading Higher
Jul 25An Intrinsic Calculation For JCET Group Co., Ltd. (SHSE:600584) Suggests It's 43% Undervalued
Jun 24JCET Group Co., Ltd.'s (SHSE:600584) P/E Still Appears To Be Reasonable
Jun 10Is JCET Group (SHSE:600584) A Risky Investment?
May 13JCET Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 28Is 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¥22.7B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: 600584's short term assets (CN¥22.7B) exceed its long term liabilities (CN¥9.5B).
Debt to Equity History and Analysis
Debt Level: 600584's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 600584's debt to equity ratio has reduced from 106.6% to 44.7% over the past 5 years.
Debt Coverage: 600584's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 600584's interest payments on its debt are well covered by EBIT (12.5x coverage).