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 ratio | 1.6x |
| Cash | CN¥1.57b |
| Equity | CN¥9.27b |
| Total liabilities | CN¥37.23b |
| Total assets | CN¥46.51b |
Recent financial health updates
Here's Why Juneyao Airlines (SHSE:603885) Can Manage Its Debt Responsibly
Dec 16
Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden
Sep 05Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden
May 22Recent updates
Here's Why Juneyao Airlines (SHSE:603885) Can Manage Its Debt Responsibly
Dec 16Investors Met With Slowing Returns on Capital At Juneyao Airlines (SHSE:603885)
Nov 28Juneyao Airlines' (SHSE:603885) Solid Earnings Are Supported By Other Strong Factors
Nov 06Juneyao Airlines Co., Ltd's (SHSE:603885) 30% Jump Shows Its Popularity With Investors
Sep 30An Intrinsic Calculation For Juneyao Airlines Co., Ltd (SHSE:603885) Suggests It's 48% Undervalued
Sep 27Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden
Sep 05Juneyao Airlines (SHSE:603885) Hasn't Managed To Accelerate Its Returns
Aug 11Investors Aren't Entirely Convinced By Juneyao Airlines Co., Ltd's (SHSE:603885) Revenues
Jul 02Here's Why Juneyao Airlines (SHSE:603885) Has A Meaningful Debt Burden
May 22Juneyao Airlines' (SHSE:603885) Earnings May Just Be The Starting Point
Apr 15Earnings Miss: Juneyao Airlines Co., Ltd Missed EPS By 17% And Analysts Are Revising Their Forecasts
Apr 10Juneyao Airlines Co., Ltd's (SHSE:603885) Earnings Haven't Escaped The Attention Of Investors
Mar 23Are Investors Undervaluing Juneyao Airlines Co., Ltd (SHSE:603885) By 33%?
Mar 01Financial 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:33 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Juneyao Airlines Co., Ltd is covered by 24 analysts. 13 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 |
|---|---|
| Yichao Han | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Jiangnan Luo | China Galaxy Securities Co., Ltd. |