Ningbo Joyson Electronic Balance Sheet Health
Financial Health criteria checks 3/6
Ningbo Joyson Electronic has a total shareholder equity of CN¥18.6B and total debt of CN¥22.7B, which brings its debt-to-equity ratio to 122.1%. Its total assets and total liabilities are CN¥59.2B and CN¥40.6B respectively. Ningbo Joyson Electronic's EBIT is CN¥3.3B making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥7.1B.
Key information
122.1%
Debt to equity ratio
CN¥22.72b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥7.13b |
| Equity | CN¥18.61b |
| Total liabilities | CN¥40.59b |
| Total assets | CN¥59.20b |
Recent financial health updates
Is Ningbo Joyson Electronic (SHSE:600699) Using Too Much Debt?
Oct 02
Ningbo Joyson Electronic (SHSE:600699) Has A Somewhat Strained Balance Sheet
May 13Recent updates
Take Care Before Diving Into The Deep End On Ningbo Joyson Electronic Corp. (SHSE:600699)
Oct 23Is Ningbo Joyson Electronic (SHSE:600699) Using Too Much Debt?
Oct 02Returns On Capital At Ningbo Joyson Electronic (SHSE:600699) Have Stalled
Sep 11Earnings Miss: Ningbo Joyson Electronic Corp. Missed EPS By 8.4% And Analysts Are Revising Their Forecasts
Aug 24Ningbo Joyson Electronic Corp. (SHSE:600699) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 04Ningbo Joyson Electronic (SHSE:600699) Has A Somewhat Strained Balance Sheet
May 13Is Now The Time To Put Ningbo Joyson Electronic (SHSE:600699) On Your Watchlist?
Mar 29Financial Position Analysis
Short Term Liabilities: 600699's short term assets (CN¥28.3B) exceed its short term liabilities (CN¥23.8B).
Long Term Liabilities: 600699's short term assets (CN¥28.3B) exceed its long term liabilities (CN¥16.8B).
Debt to Equity History and Analysis
Debt Level: 600699's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: 600699's debt to equity ratio has increased from 107.6% to 122.1% over the past 5 years.
Debt Coverage: 600699's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 600699's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:14 |
| End of Day Share Price | 2024/12/23 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ningbo Joyson Electronic Corp. is covered by 46 analysts. 17 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 |
|---|---|
| Jimmy Huang | BNP Paribas Securities (Asia) |
| Yu Jie Lo | BofA Global Research |
| Ke Qu | CCB International Securities Limited |