Jiangxi Ganneng Balance Sheet Health
Financial Health criteria checks 2/6
Jiangxi Ganneng has a total shareholder equity of CN¥5.9B and total debt of CN¥9.3B, which brings its debt-to-equity ratio to 157.9%. Its total assets and total liabilities are CN¥16.4B and CN¥10.5B respectively. Jiangxi Ganneng's EBIT is CN¥804.6M making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥635.4M.
Key information
157.9%
Debt to equity ratio
CN¥9.25b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CN¥635.38m |
| Equity | CN¥5.86b |
| Total liabilities | CN¥10.52b |
| Total assets | CN¥16.38b |
Recent financial health updates
These 4 Measures Indicate That Jiangxi Ganneng (SZSE:000899) Is Using Debt Extensively
Sep 25
Is Jiangxi Ganneng (SZSE:000899) A Risky Investment?
May 06Recent updates
Here's Why We Think Jiangxi Ganneng (SZSE:000899) Might Deserve Your Attention Today
Dec 20Jiangxi Ganneng Co., Ltd. (SZSE:000899) Screens Well But There Might Be A Catch
Oct 13These 4 Measures Indicate That Jiangxi Ganneng (SZSE:000899) Is Using Debt Extensively
Sep 25Jiangxi Ganneng's (SZSE:000899) Solid Profits Have Weak Fundamentals
Aug 26Is Jiangxi Ganneng (SZSE:000899) A Risky Investment?
May 06Investors Still Aren't Entirely Convinced By Jiangxi Ganneng Co., Ltd.'s (SZSE:000899) Revenues Despite 26% Price Jump
Apr 17Financial Position Analysis
Short Term Liabilities: 000899's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000899's short term assets (CN¥2.6B) do not cover its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 000899's net debt to equity ratio (147.1%) is considered high.
Reducing Debt: 000899's debt to equity ratio has increased from 45.2% to 157.9% over the past 5 years.
Debt Coverage: 000899's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 000899's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:15 |
| 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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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
Jiangxi Ganneng Co., Ltd. is covered by 4 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 |
|---|---|
| Chunyang Zhu | China Merchants Securities Co. Ltd. |
| Wei Wang | Everbright Securities Co. Ltd. |
| Junjie Gong | Guodu Securities Co. |