Jiangsu Riying ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Riying ElectronicsLtd has a total shareholder equity of CN¥886.6M and total debt of CN¥492.5M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are CN¥1.8B and CN¥871.6M respectively. Jiangsu Riying ElectronicsLtd's EBIT is CN¥19.8M making its interest coverage ratio 4. It has cash and short-term investments of CN¥366.4M.
Key information
55.6%
Debt to equity ratio
CN¥492.50m
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥366.45m |
| Equity | CN¥886.59m |
| Total liabilities | CN¥871.64m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Recent updates
Jiangsu Riying ElectronicsLtd's (SHSE:603286) Promising Earnings May Rest On Soft Foundations
Nov 04
Jiangsu Riying Electronics Co.,Ltd. (SHSE:603286) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Oct 01Subdued Growth No Barrier To Jiangsu Riying Electronics Co.,Ltd.'s (SHSE:603286) Price
Jul 12There May Be Underlying Issues With The Quality Of Jiangsu Riying ElectronicsLtd's (SHSE:603286) Earnings
May 03Revenues Not Telling The Story For Jiangsu Riying Electronics Co.,Ltd. (SHSE:603286) After Shares Rise 33%
Mar 07Financial Position Analysis
Short Term Liabilities: 603286's short term assets (CN¥880.5M) exceed its short term liabilities (CN¥854.4M).
Long Term Liabilities: 603286's short term assets (CN¥880.5M) exceed its long term liabilities (CN¥17.2M).
Debt to Equity History and Analysis
Debt Level: 603286's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 603286's debt to equity ratio has increased from 41.5% to 55.6% over the past 5 years.
Debt Coverage: 603286's debt is not well covered by operating cash flow (4%).
Interest Coverage: 603286's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 04:33 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Jiangsu Riying Electronics 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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