Juneyao Airlines Co., Ltd

SHSE:603885 Stock Report

Market Cap: CN¥31.8b

Juneyao Airlines Balance Sheet Health

Financial Health criteria checks 1/6

Juneyao Airlines has a total shareholder equity of CN¥9.3B and total debt of CN¥18.6B, which brings its debt-to-equity ratio to 200.6%. Its total assets and total liabilities are CN¥46.5B and CN¥37.2B respectively. Juneyao Airlines's EBIT is CN¥2.2B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥1.6B.

Key information

200.6%

Debt to equity ratio

CN¥18.60b

Debt

Interest coverage ratio1.6x
CashCN¥1.57b
EquityCN¥9.27b
Total liabilitiesCN¥37.23b
Total assetsCN¥46.51b

Recent financial health updates

Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Sep 05
Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

May 22
Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Recent updates

Juneyao Airlines' (SHSE:603885) Solid Earnings Are Supported By Other Strong Factors

Nov 06
Juneyao Airlines' (SHSE:603885) Solid Earnings Are Supported By Other Strong Factors

Juneyao Airlines Co., Ltd's (SHSE:603885) 30% Jump Shows Its Popularity With Investors

Sep 30
Juneyao Airlines Co., Ltd's (SHSE:603885) 30% Jump Shows Its Popularity With Investors

An Intrinsic Calculation For Juneyao Airlines Co., Ltd (SHSE:603885) Suggests It's 48% Undervalued

Sep 27
An Intrinsic Calculation For Juneyao Airlines Co., Ltd (SHSE:603885) Suggests It's 48% Undervalued

Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Sep 05
Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Juneyao Airlines (SHSE:603885) Hasn't Managed To Accelerate Its Returns

Aug 11
Juneyao Airlines (SHSE:603885) Hasn't Managed To Accelerate Its Returns

Investors Aren't Entirely Convinced By Juneyao Airlines Co., Ltd's (SHSE:603885) Revenues

Jul 02
Investors Aren't Entirely Convinced By Juneyao Airlines Co., Ltd's (SHSE:603885) Revenues

Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

May 22
Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden

Juneyao Airlines' (SHSE:603885) Earnings May Just Be The Starting Point

Apr 15
Juneyao Airlines' (SHSE:603885) Earnings May Just Be The Starting Point

Earnings Miss: Juneyao Airlines Co., Ltd Missed EPS By 17% And Analysts Are Revising Their Forecasts

Apr 10
Earnings Miss: Juneyao Airlines Co., Ltd Missed EPS By 17% And Analysts Are Revising Their Forecasts

Juneyao Airlines Co., Ltd's (SHSE:603885) Earnings Haven't Escaped The Attention Of Investors

Mar 23
Juneyao Airlines Co., Ltd's (SHSE:603885) Earnings Haven't Escaped The Attention Of Investors

Are Investors Undervaluing Juneyao Airlines Co., Ltd (SHSE:603885) By 33%?

Mar 01
Are Investors Undervaluing Juneyao Airlines Co., Ltd (SHSE:603885) By 33%?

Financial Position Analysis

Short Term Liabilities: 603885's short term assets (CN¥4.6B) do not cover its short term liabilities (CN¥17.5B).

Long Term Liabilities: 603885's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥19.8B).

Debt to Equity History and Analysis

Debt Level: 603885's net debt to equity ratio (183.7%) is considered high.

Reducing Debt: 603885's debt to equity ratio has increased from 85.1% to 200.6% over the past 5 years.

Debt Coverage: 603885's debt is well covered by operating cash flow (31.6%).

Interest Coverage: 603885's interest payments on its debt are not well covered by EBIT (1.6x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y