Joy City Property Balance Sheet Health
Financial Health criteria checks 3/6
Joy City Property has a total shareholder equity of CN¥56.2B and total debt of CN¥47.5B, which brings its debt-to-equity ratio to 84.5%. Its total assets and total liabilities are CN¥143.0B and CN¥86.9B respectively. Joy City Property's EBIT is CN¥3.9B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥19.8B.
Key information
84.5%
Debt to equity ratio
CN¥47.48b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥19.80b |
| Equity | CN¥56.16b |
| Total liabilities | CN¥86.85b |
| Total assets | CN¥143.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKP's short term assets (CN¥69.3B) exceed its short term liabilities (CN¥43.4B).
Long Term Liabilities: HKP's short term assets (CN¥69.3B) exceed its long term liabilities (CN¥43.4B).
Debt to Equity History and Analysis
Debt Level: HKP's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: HKP's debt to equity ratio has increased from 71.7% to 84.5% over the past 5 years.
Debt Coverage: HKP's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: HKP's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 03:10 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| 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
Joy City Property Limited is covered by 10 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 |
|---|---|
| Yu Zhang | China International Capital Corporation Limited |
| Alvin Wong | Credit Suisse |
| Hoi Kay Chan | Daiwa Securities Co. Ltd. |