JiaXing Gas Group Balance Sheet Health
Financial Health criteria checks 4/6
JiaXing Gas Group has a total shareholder equity of CN¥1.1B and total debt of CN¥393.3M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively. JiaXing Gas Group's EBIT is CN¥156.1M making its interest coverage ratio -54.8. It has cash and short-term investments of CN¥253.8M.
Key information
35.4%
Debt to equity ratio
CN¥393.26m
Debt
| Interest coverage ratio | -54.8x |
| Cash | CN¥253.84m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.60b |
Recent financial health updates
No updates
Recent updates
JiaXing Gas Group Co., Ltd.'s (HKG:9908) CEO Will Probably Find It Hard To See A Huge Raise This Year
May 31
We Think JiaXing Gas Group's (HKG:9908) Healthy Earnings Might Be Conservative
May 03Why JiaXing Gas Group's (HKG:9908) Earnings Are Better Than They Seem
May 02Some Confidence Is Lacking In JiaXing Gas Group Co., Ltd.'s (HKG:9908) P/E
Apr 02Could The JiaXing Gas Group Co., Ltd. (HKG:9908) Ownership Structure Tell Us Something Useful?
Feb 17Read This Before Selling JiaXing Gas Group Co., Ltd. (HKG:9908) Shares
Dec 08Financial Position Analysis
Short Term Liabilities: 9908's short term assets (CN¥785.0M) do not cover its short term liabilities (CN¥877.8M).
Long Term Liabilities: 9908's short term assets (CN¥785.0M) exceed its long term liabilities (CN¥614.6M).
Debt to Equity History and Analysis
Debt Level: 9908's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 9908's debt to equity ratio has reduced from 58.5% to 35.4% over the past 5 years.
Debt Coverage: 9908's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9908 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 22:45 |
| End of Day Share Price | 2025/01/08 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
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Analyst Sources
JiaXing Gas Group Co., Ltd. is covered by 0 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 |
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