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
No updates
Recent updates
Financial 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.