Jiangsu Yunyi ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Yunyi ElectricLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥120.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥3.8B and CN¥900.1M respectively. Jiangsu Yunyi ElectricLtd's EBIT is CN¥332.8M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.7B.
Key information
4.1%
Debt to equity ratio
CN¥120.03m
Debt
Interest coverage ratio | -3.1x |
Cash | CN¥1.74b |
Equity | CN¥2.90b |
Total liabilities | CN¥900.05m |
Total assets | CN¥3.80b |
Recent financial health updates
No updates
Recent updates
Jiangsu Yunyi ElectricLtd (SZSE:300304) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 28Jiangsu Yunyi Electric Co.,Ltd.'s (SZSE:300304) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 06Returns Are Gaining Momentum At Jiangsu Yunyi ElectricLtd (SZSE:300304)
Feb 28Financial Position Analysis
Short Term Liabilities: 300304's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥776.9M).
Long Term Liabilities: 300304's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥123.2M).
Debt to Equity History and Analysis
Debt Level: 300304 has more cash than its total debt.
Reducing Debt: 300304's debt to equity ratio has reduced from 12.4% to 4.1% over the past 5 years.
Debt Coverage: 300304's debt is well covered by operating cash flow (190.2%).
Interest Coverage: 300304 earns more interest than it pays, so coverage of interest payments is not a concern.