Shenzhen Jove Enterprise Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Jove Enterprise has a total shareholder equity of CN¥1.2B and total debt of CN¥833.4M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are CN¥2.7B and CN¥1.5B respectively. Shenzhen Jove Enterprise's EBIT is CN¥14.7M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥318.3M.
Key information
70.9%
Debt to equity ratio
CN¥833.41m
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥318.32m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.67b |
Recent financial health updates
These 4 Measures Indicate That Shenzhen Jove Enterprise (SZSE:300814) Is Using Debt Extensively
Nov 18
Shenzhen Jove Enterprise (SZSE:300814) Takes On Some Risk With Its Use Of Debt
Aug 07Recent updates
These 4 Measures Indicate That Shenzhen Jove Enterprise (SZSE:300814) Is Using Debt Extensively
Nov 18Shenzhen Jove Enterprise Limited's (SZSE:300814) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 30The Returns On Capital At Shenzhen Jove Enterprise (SZSE:300814) Don't Inspire Confidence
Sep 29Shenzhen Jove Enterprise's (SZSE:300814) Anemic Earnings Might Be Worse Than You Think
Sep 06Shenzhen Jove Enterprise (SZSE:300814) Takes On Some Risk With Its Use Of Debt
Aug 07Shenzhen Jove Enterprise (SZSE:300814) Is Paying Out Less In Dividends Than Last Year
Jul 12Shenzhen Jove Enterprise Limited's (SZSE:300814) Shares Climb 26% But Its Business Is Yet to Catch Up
Jun 12Shenzhen Jove Enterprise's (SZSE:300814) Returns On Capital Not Reflecting Well On The Business
May 23Shenzhen Jove Enterprise Limited (SZSE:300814) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 300814's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥940.4M).
Long Term Liabilities: 300814's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥553.7M).
Debt to Equity History and Analysis
Debt Level: 300814's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: 300814's debt to equity ratio has increased from 5.2% to 70.9% over the past 5 years.
Debt Coverage: 300814's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 300814's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:52 |
| End of Day Share Price | 2024/12/23 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
Shenzhen Jove Enterprise Limited 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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