Jiangsu JIXIN Wind Energy Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu JIXIN Wind Energy Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥129.5M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥3.6B and CN¥803.3M respectively. Jiangsu JIXIN Wind Energy Technology's EBIT is CN¥74.2M making its interest coverage ratio -13.2. It has cash and short-term investments of CN¥777.4M.
Key information
4.6%
Debt to equity ratio
CN¥129.50m
Debt
| Interest coverage ratio | -13.2x |
| Cash | CN¥777.38m |
| Equity | CN¥2.84b |
| Total liabilities | CN¥803.31m |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Recent updates
Jiangsu JIXIN Wind Energy Technology's (SHSE:601218) Soft Earnings Don't Show The Whole Picture
Nov 05
Jiangsu JIXIN Wind Energy Technology (SHSE:601218) Might Have The Makings Of A Multi-Bagger
Sep 30A Look At The Fair Value Of Jiangsu JIXIN Wind Energy Technology Co., Ltd. (SHSE:601218)
Jun 05Jiangsu JIXIN Wind Energy Technology's (SHSE:601218) Soft Earnings Are Actually Better Than They Appear
May 03Jiangsu JIXIN Wind Energy Technology Co., Ltd. (SHSE:601218) Shares Fly 30% But Investors Aren't Buying For Growth
Mar 08Financial Position Analysis
Short Term Liabilities: 601218's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥373.2M).
Long Term Liabilities: 601218's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥430.1M).
Debt to Equity History and Analysis
Debt Level: 601218 has more cash than its total debt.
Reducing Debt: 601218's debt to equity ratio has reduced from 37.4% to 4.6% over the past 5 years.
Debt Coverage: 601218's debt is well covered by operating cash flow (257.3%).
Interest Coverage: 601218 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 | 2024/12/26 04:40 |
| End of Day Share Price | 2024/12/26 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 JIXIN Wind Energy Technology Co., Ltd. is covered by 3 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 |
|---|---|
| Xian Gong Ren | Bohai Securities Co., Ltd. |
| Jing Wang | Shenwan Hongyuan Securities |
| null null | SWS Research Co., Ltd. |