Jinko Power Technology Balance Sheet Health
Financial Health criteria checks 2/6
Jinko Power Technology has a total shareholder equity of CN¥15.8B and total debt of CN¥17.0B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are CN¥43.2B and CN¥27.4B respectively. Jinko Power Technology's EBIT is CN¥1.1B making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥4.8B.
Key information
107.7%
Debt to equity ratio
CN¥17.03b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥4.82b |
| Equity | CN¥15.82b |
| Total liabilities | CN¥27.42b |
| Total assets | CN¥43.25b |
Recent financial health updates
Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?
Oct 01
These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way
Jun 27These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way
Mar 01Recent updates
Jinko Power Technology's (SHSE:601778) Conservative Accounting Might Explain Soft Earnings
Nov 07Investors Still Aren't Entirely Convinced By Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings Despite 36% Price Jump
Oct 09Is Jinko Power Technology (SHSE:601778) Using Too Much Debt?
Oct 01Investors Could Be Concerned With Jinko Power Technology's (SHSE:601778) Returns On Capital
Aug 01These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way
Jun 27Market Participants Recognise Jinko Power Technology Co., Ltd.'s (SHSE:601778) Earnings
May 31Shareholders Will Be Pleased With The Quality of Jinko Power Technology's (SHSE:601778) Earnings
Apr 04These 4 Measures Indicate That Jinko Power Technology (SHSE:601778) Is Using Debt In A Risky Way
Mar 01Financial Position Analysis
Short Term Liabilities: 601778's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 601778's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥17.5B).
Debt to Equity History and Analysis
Debt Level: 601778's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 601778's debt to equity ratio has increased from 91.3% to 107.7% over the past 5 years.
Debt Coverage: 601778's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 601778's interest payments on its debt are not well covered by EBIT (1.9x coverage).