Jiangsu Zhongtian Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Zhongtian Technology has a total shareholder equity of CN¥35.7B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥57.8B and CN¥22.2B respectively. Jiangsu Zhongtian Technology's EBIT is CN¥2.9B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥13.0B.
Key information
15.1%
Debt to equity ratio
CN¥5.39b
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥13.01b |
| Equity | CN¥35.66b |
| Total liabilities | CN¥22.15b |
| Total assets | CN¥57.81b |
Recent financial health updates
Does Jiangsu Zhongtian Technology (SHSE:600522) Have A Healthy Balance Sheet?
Dec 03
Jiangsu Zhongtian Technology (SHSE:600522) Seems To Use Debt Quite Sensibly
Aug 16We Think Jiangsu Zhongtian Technology (SHSE:600522) Can Stay On Top Of Its Debt
May 14Recent updates
Does Jiangsu Zhongtian Technology (SHSE:600522) Have A Healthy Balance Sheet?
Dec 03Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522) Could Be Riskier Than It Looks
Nov 15Some May Be Optimistic About Jiangsu Zhongtian Technology's (SHSE:600522) Earnings
Sep 05Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Sep 02Jiangsu Zhongtian Technology (SHSE:600522) Seems To Use Debt Quite Sensibly
Aug 16Jiangsu Zhongtian Technology Co., Ltd.'s (SHSE:600522) Intrinsic Value Is Potentially 48% Above Its Share Price
Aug 01Insufficient Growth At Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522) Hampers Share Price
Jul 01Returns At Jiangsu Zhongtian Technology (SHSE:600522) Appear To Be Weighed Down
Jun 13We Think Jiangsu Zhongtian Technology (SHSE:600522) Can Stay On Top Of Its Debt
May 14Estimating The Fair Value Of Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522)
Mar 31Jiangsu Zhongtian Technology Co., Ltd.'s (SHSE:600522) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Mar 14Jiangsu Zhongtian Technology (SHSE:600522) Hasn't Managed To Accelerate Its Returns
Mar 13Financial Position Analysis
Short Term Liabilities: 600522's short term assets (CN¥40.8B) exceed its short term liabilities (CN¥19.3B).
Long Term Liabilities: 600522's short term assets (CN¥40.8B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600522 has more cash than its total debt.
Reducing Debt: 600522's debt to equity ratio has reduced from 29% to 15.1% over the past 5 years.
Debt Coverage: 600522's debt is well covered by operating cash flow (94.3%).
Interest Coverage: 600522 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 | 2024/12/27 01:53 |
| 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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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
Jiangsu Zhongtian Technology Co., Ltd. is covered by 31 analysts. 9 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 |
|---|---|
| Lu Hu | Changjiang Securities Co. LTD. |
| Liangbi Zhao | China Galaxy Securities Co., Ltd. |
| Shiwen Li | China International Capital Corporation Limited |