Asian Star Anchor Chain Jiangsu Balance Sheet Health
Financial Health criteria checks 5/6
Asian Star Anchor Chain Jiangsu has a total shareholder equity of CN¥3.7B and total debt of CN¥691.6M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥5.1B and CN¥1.4B respectively. Asian Star Anchor Chain Jiangsu's EBIT is CN¥227.3M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥2.6B.
Key information
18.6%
Debt to equity ratio
CN¥691.56m
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥2.58b |
| Equity | CN¥3.72b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥5.12b |
Recent financial health updates
Recent updates
Asian Star Anchor Chain Jiangsu (SHSE:601890) Has A Rock Solid Balance Sheet
Dec 24
Asian Star Anchor Chain Jiangsu's (SHSE:601890) Solid Earnings May Rest On Weak Foundations
Nov 04Asian Star Anchor Chain Jiangsu (SHSE:601890) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29Should You Be Adding Asian Star Anchor Chain Jiangsu (SHSE:601890) To Your Watchlist Today?
Apr 17Financial Position Analysis
Short Term Liabilities: 601890's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥885.3M).
Long Term Liabilities: 601890's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥514.2M).
Debt to Equity History and Analysis
Debt Level: 601890 has more cash than its total debt.
Reducing Debt: 601890's debt to equity ratio has increased from 10% to 18.6% over the past 5 years.
Debt Coverage: 601890's debt is well covered by operating cash flow (27%).
Interest Coverage: 601890 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 | 2024/12/24 22:55 |
| End of Day Share Price | 2024/12/24 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
Asian Star Anchor Chain Co., Ltd. Jiangsu is covered by 9 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Weizhi Yuan | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |