Jinke Smart Services Group Balance Sheet Health
Financial Health criteria checks 6/6
Jinke Smart Services Group has a total shareholder equity of CN¥3.9B and total debt of CN¥46.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥7.1B and CN¥3.2B respectively.
Key information
1.2%
Debt to equity ratio
CN¥45.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.11b |
| Equity | CN¥3.87b |
| Total liabilities | CN¥3.23b |
| Total assets | CN¥7.10b |
Recent financial health updates
Recent updates
Is Jinke Smart Services Group (HKG:9666) Using Debt Sensibly?
Nov 15
Is There An Opportunity With Jinke Smart Services Group Co., Ltd.'s (HKG:9666) 48% Undervaluation?
Feb 18Jinke Smart Services Group Co., Ltd. (HKG:9666) Shares Could Be 43% Below Their Intrinsic Value Estimate
Jul 15Jinke Smart Services Group's (HKG:9666) Promising Earnings May Rest On Soft Foundations
May 06Jinke Smart Services Group Co., Ltd.'s (HKG:9666) P/E Is On The Mark
May 05Results: Jinke Smart Services Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 27Jinke Smart Services Group Co., Ltd.'s (HKG:9666) Intrinsic Value Is Potentially 26% Above Its Share Price
Mar 26Can Jinke Smart Services Group Co., Ltd.'s (HKG:9666) ROE Continue To Surpass The Industry Average?
Feb 17Financial Position Analysis
Short Term Liabilities: 9666's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 9666's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥180.5M).
Debt to Equity History and Analysis
Debt Level: 9666 has more cash than its total debt.
Reducing Debt: 9666's debt to equity ratio has reduced from 502% to 1.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 9666 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9666 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.