Jointo Energy Investment Hebei Balance Sheet Health
Financial Health criteria checks 0/6
Jointo Energy Investment Hebei has a total shareholder equity of CN¥13.0B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 170.6%. Its total assets and total liabilities are CN¥40.2B and CN¥27.2B respectively. Jointo Energy Investment Hebei's EBIT is CN¥808.3M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥1.4B.
Key information
170.6%
Debt to equity ratio
CN¥22.14b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥1.43b |
| Equity | CN¥12.98b |
| Total liabilities | CN¥27.22b |
| Total assets | CN¥40.20b |
Recent financial health updates
Recent updates
There Are Reasons To Feel Uneasy About Jointo Energy Investment Hebei's (SZSE:000600) Returns On Capital
Dec 10
Do Jointo Energy Investment Hebei's (SZSE:000600) Earnings Warrant Your Attention?
Nov 15Investors Shouldn't Be Too Comfortable With Jointo Energy Investment Hebei's (SZSE:000600) Earnings
Aug 31Here's What's Concerning About Jointo Energy Investment Hebei's (SZSE:000600) Returns On Capital
Aug 22There's No Escaping Jointo Energy Investment Co., Ltd. Hebei's (SZSE:000600) Muted Revenues
Jul 12Jointo Energy Investment Hebei (SZSE:000600) Has A Somewhat Strained Balance Sheet
Jun 17Returns On Capital Signal Tricky Times Ahead For Jointo Energy Investment Hebei (SZSE:000600)
May 23Investors Don't See Light At End Of Jointo Energy Investment Co., Ltd. Hebei's (SZSE:000600) Tunnel
Mar 05Financial Position Analysis
Short Term Liabilities: 000600's short term assets (CN¥6.5B) do not cover its short term liabilities (CN¥10.0B).
Long Term Liabilities: 000600's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥17.2B).
Debt to Equity History and Analysis
Debt Level: 000600's net debt to equity ratio (159.6%) is considered high.
Reducing Debt: 000600's debt to equity ratio has increased from 96.9% to 170.6% over the past 5 years.
Debt Coverage: 000600's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 000600's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:51 |
| 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
Jointo Energy Investment Co., Ltd. Hebei is covered by 8 analysts. 3 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 |
|---|---|
| Weihua Zhang | Changjiang Securities Co. LTD. |
| null null | China Merchants Securities Co. Ltd. |
| Xiang Li | Citic Securities Co., Ltd. |