China Jinmao Holdings Group Balance Sheet Health
Financial Health criteria checks 3/6
China Jinmao Holdings Group has a total shareholder equity of CN¥116.8B and total debt of CN¥129.4B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are CN¥419.4B and CN¥302.5B respectively. China Jinmao Holdings Group's EBIT is CN¥2.2B making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥33.8B.
Key information
110.8%
Debt to equity ratio
CN¥129.43b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥33.75b |
| Equity | CN¥116.83b |
| Total liabilities | CN¥302.55b |
| Total assets | CN¥419.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRSH.Y's short term assets (CN¥195.2B) exceed its short term liabilities (CN¥167.6B).
Long Term Liabilities: FRSH.Y's short term assets (CN¥195.2B) exceed its long term liabilities (CN¥134.9B).
Debt to Equity History and Analysis
Debt Level: FRSH.Y's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: FRSH.Y's debt to equity ratio has reduced from 113.6% to 110.8% over the past 5 years.
Debt Coverage: FRSH.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FRSH.Y's interest payments on its debt are not well covered by EBIT (1.5x coverage).