Jingjin Equipment Inc.

SHSE:603279 Stock Report

Market Cap: CN¥9.3b

Jingjin Equipment Balance Sheet Health

Financial Health criteria checks 5/6

Jingjin Equipment has a total shareholder equity of CN¥4.7B and total debt of CN¥300.2M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CN¥8.9B and CN¥4.2B respectively. Jingjin Equipment's EBIT is CN¥1.1B making its interest coverage ratio -33. It has cash and short-term investments of CN¥1.8B.

Key information

6.4%

Debt to equity ratio

CN¥300.20m

Debt

Interest coverage ratio-33x
CashCN¥1.80b
EquityCN¥4.66b
Total liabilitiesCN¥4.23b
Total assetsCN¥8.88b

Recent financial health updates

Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Sep 24
Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

May 21
Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Recent updates

Jingjin Equipment (SHSE:603279) Could Become A Multi-Bagger

Nov 26
Jingjin Equipment (SHSE:603279) Could Become A Multi-Bagger

Improved Earnings Required Before Jingjin Equipment Inc. (SHSE:603279) Shares Find Their Feet

Oct 13
Improved Earnings Required Before Jingjin Equipment Inc. (SHSE:603279) Shares Find Their Feet

Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Sep 24
Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Jingjin Equipment (SHSE:603279) Strong Profits May Be Masking Some Underlying Issues

Sep 02
Jingjin Equipment (SHSE:603279) Strong Profits May Be Masking Some Underlying Issues

A Look At The Intrinsic Value Of Jingjin Equipment Inc. (SHSE:603279)

Jul 12
A Look At The Intrinsic Value Of Jingjin Equipment Inc. (SHSE:603279)

Why We Like The Returns At Jingjin Equipment (SHSE:603279)

Jun 22
Why We Like The Returns At Jingjin Equipment (SHSE:603279)

Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

May 21
Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?

Jingjin Equipment Inc. Just Recorded A 5.3% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 28
Jingjin Equipment Inc. Just Recorded A 5.3% EPS Beat: Here's What Analysts Are Forecasting Next

Jingjin Equipment Inc.'s (SHSE:603279) Earnings Are Not Doing Enough For Some Investors

Apr 23
Jingjin Equipment Inc.'s (SHSE:603279) Earnings Are Not Doing Enough For Some Investors

Calculating The Fair Value Of Jingjin Equipment Inc. (SHSE:603279)

Apr 05
Calculating The Fair Value Of Jingjin Equipment Inc. (SHSE:603279)

Under The Bonnet, Jingjin Equipment's (SHSE:603279) Returns Look Impressive

Mar 18
Under The Bonnet, Jingjin Equipment's (SHSE:603279) Returns Look Impressive

Financial Position Analysis

Short Term Liabilities: 603279's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥4.1B).

Long Term Liabilities: 603279's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥144.5M).

Debt to Equity History and Analysis

Debt Level: 603279 has more cash than its total debt.

Reducing Debt: 603279's debt to equity ratio has increased from 0% to 6.4% over the past 5 years.

Debt Coverage: 603279's debt is well covered by operating cash flow (252.4%).

Interest Coverage: 603279 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

DataLast Updated (UTC time)
Company Analysis2025/01/09 21:41
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Jingjin Equipment Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yigong TaoChina Galaxy Securities Co., Ltd.
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Xiang LiCitic Securities Co., Ltd.