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Jiangnan Group Balance Sheet Health
Financial Health criteria checks 5/6
Jiangnan Group has a total shareholder equity of CN¥6.0B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥16.3B and CN¥10.2B respectively. Jiangnan Group's EBIT is CN¥393.9M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥3.1B.
Key information
60.0%
Debt to equity ratio
CN¥3.62b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥3.14b |
| Equity | CN¥6.04b |
| Total liabilities | CN¥10.23b |
| Total assets | CN¥16.26b |
Recent financial health updates
Recent updates
Jiangnan Group (HKG:1366) Could Be Struggling To Allocate Capital
Mar 09
Returns On Capital Signal Tricky Times Ahead For Jiangnan Group (HKG:1366)
Sep 21Returns On Capital At Jiangnan Group (HKG:1366) Paint A Concerning Picture
May 11Is Jiangnan Group (HKG:1366) Using Too Much Debt?
Mar 25Jiangnan Group (HKG:1366) Share Prices Have Dropped 68% In The Last Five Years
Mar 04Has Jiangnan Group (HKG:1366) Got What It Takes To Become A Multi-Bagger?
Jan 27
How Much Of Jiangnan Group Limited (HKG:1366) Do Insiders Own?
Dec 21Reflecting on Jiangnan Group's (HKG:1366) Share Price Returns Over The Last Five Years
Dec 03Financial Position Analysis
Short Term Liabilities: 1366's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 1366's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥453.9M).
Debt to Equity History and Analysis
Debt Level: 1366's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 1366's debt to equity ratio has reduced from 64.6% to 60% over the past 5 years.
Debt Coverage: 1366's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 1366's interest payments on its debt are not well covered by EBIT (1.8x coverage).