JiaChen Holding Group Balance Sheet Health
Financial Health criteria checks 5/6
JiaChen Holding Group has a total shareholder equity of CN¥313.0M and total debt of CN¥91.0M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CN¥483.1M and CN¥170.1M respectively. JiaChen Holding Group's EBIT is CN¥8.3M making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥55.6M.
Key information
29.1%
Debt to equity ratio
CN¥90.99m
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥55.56m |
| Equity | CN¥313.04m |
| Total liabilities | CN¥170.09m |
| Total assets | CN¥483.13m |
Recent financial health updates
Does JiaChen Holding Group (HKG:1937) Have A Healthy Balance Sheet?
Sep 11
Is JiaChen Holding Group (HKG:1937) A Risky Investment?
Jun 02These 4 Measures Indicate That JiaChen Holding Group (HKG:1937) Is Using Debt Reasonably Well
Sep 27Is JiaChen Holding Group (HKG:1937) A Risky Investment?
May 12These 4 Measures Indicate That JiaChen Holding Group (HKG:1937) Is Using Debt Reasonably Well
Mar 28Recent updates
JiaChen Holding Group Limited (HKG:1937) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Mar 07Investors Could Be Concerned With JiaChen Holding Group's (HKG:1937) Returns On Capital
Feb 06Investor Optimism Abounds JiaChen Holding Group Limited (HKG:1937) But Growth Is Lacking
Dec 25Some Investors May Be Worried About JiaChen Holding Group's (HKG:1937) Returns On Capital
Oct 12Does JiaChen Holding Group (HKG:1937) Have A Healthy Balance Sheet?
Sep 11Is JiaChen Holding Group (HKG:1937) A Risky Investment?
Jun 02JiaChen Holding Group (HKG:1937) May Have Issues Allocating Its Capital
May 05There Are Reasons To Feel Uneasy About JiaChen Holding Group's (HKG:1937) Returns On Capital
Nov 29These 4 Measures Indicate That JiaChen Holding Group (HKG:1937) Is Using Debt Reasonably Well
Sep 27JiaChen Holding Group (HKG:1937) May Have Issues Allocating Its Capital
Jun 27Is JiaChen Holding Group (HKG:1937) A Risky Investment?
May 12Returns On Capital At JiaChen Holding Group (HKG:1937) Paint A Concerning Picture
Jan 19The Returns On Capital At JiaChen Holding Group (HKG:1937) Don't Inspire Confidence
Sep 09The Returns On Capital At JiaChen Holding Group (HKG:1937) Don't Inspire Confidence
May 20These 4 Measures Indicate That JiaChen Holding Group (HKG:1937) Is Using Debt Reasonably Well
Mar 28The Trends At JiaChen Holding Group (HKG:1937) That You Should Know About
Jan 15
Financial Position Analysis
Short Term Liabilities: 1937's short term assets (CN¥356.0M) exceed its short term liabilities (CN¥170.1M).
Long Term Liabilities: 1937's short term assets (CN¥356.0M) exceed its long term liabilities (CN¥7.0K).
Debt to Equity History and Analysis
Debt Level: 1937's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 1937's debt to equity ratio has reduced from 52.6% to 29.1% over the past 5 years.
Debt Coverage: 1937's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1937's interest payments on its debt are well covered by EBIT (6.8x coverage).