Yangzhou Yangjie Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Yangzhou Yangjie Electronic Technology has a total shareholder equity of CN¥8.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥13.7B and CN¥4.8B respectively. Yangzhou Yangjie Electronic Technology's EBIT is CN¥801.7M making its interest coverage ratio -40.1. It has cash and short-term investments of CN¥4.1B.
Key information
23.4%
Debt to equity ratio
CN¥2.07b
Debt
| Interest coverage ratio | -40.1x |
| Cash | CN¥4.08b |
| Equity | CN¥8.84b |
| Total liabilities | CN¥4.84b |
| Total assets | CN¥13.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: YJET's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: YJET's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: YJET has more cash than its total debt.
Reducing Debt: YJET's debt to equity ratio has increased from 5.2% to 23.4% over the past 5 years.
Debt Coverage: YJET's debt is well covered by operating cash flow (66.3%).
Interest Coverage: YJET 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 | 2024/12/18 16:37 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yangzhou Yangjie Electronic Technology Co., Ltd. is covered by 17 analysts. 6 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 |
|---|---|
| Wen Yu Mo | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Feng Gao | China Galaxy Securities Co., Ltd. |