Jiangsu Linyang Energy Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Linyang Energy has a total shareholder equity of CN¥15.9B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CN¥24.5B and CN¥8.6B respectively. Jiangsu Linyang Energy's EBIT is CN¥1.1B making its interest coverage ratio -31.4. It has cash and short-term investments of CN¥6.5B.
Key information
20.5%
Debt to equity ratio
CN¥3.26b
Debt
| Interest coverage ratio | -31.4x |
| Cash | CN¥6.46b |
| Equity | CN¥15.88b |
| Total liabilities | CN¥8.63b |
| Total assets | CN¥24.52b |
Recent financial health updates
No updates
Recent updates
Jiangsu Linyang Energy's (SHSE:601222) Returns Have Hit A Wall
Nov 24
Jiangsu Linyang Energy's (SHSE:601222) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05Investors Don't See Light At End Of Jiangsu Linyang Energy Co., Ltd.'s (SHSE:601222) Tunnel
Aug 01Jiangsu Linyang Energy's (SHSE:601222) Profits Appear To Have Quality Issues
May 03Returns At Jiangsu Linyang Energy (SHSE:601222) Appear To Be Weighed Down
Apr 24Investors Don't See Light At End Of Jiangsu Linyang Energy Co., Ltd.'s (SHSE:601222) Tunnel
Mar 27Financial Position Analysis
Short Term Liabilities: 601222's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 601222's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 601222 has more cash than its total debt.
Reducing Debt: 601222's debt to equity ratio has reduced from 56.3% to 20.5% over the past 5 years.
Debt Coverage: 601222's debt is well covered by operating cash flow (42.2%).
Interest Coverage: 601222 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 | 2024/12/23 22:37 |
| 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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Industry and Sector Metrics
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Analyst Sources
Jiangsu Linyang Energy Co., Ltd. is covered by 19 analysts. 4 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Zun Zhu | China International Capital Corporation Limited |