Jiangsu Shemar ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Shemar ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥30.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥2.3B and CN¥595.1M respectively. Jiangsu Shemar ElectricLtd's EBIT is CN¥303.1M making its interest coverage ratio -34.3. It has cash and short-term investments of CN¥380.8M.
Key information
1.8%
Debt to equity ratio
CN¥30.40m
Debt
| Interest coverage ratio | -34.3x |
| Cash | CN¥380.84m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥595.14m |
| Total assets | CN¥2.27b |
Recent financial health updates
No updates
Recent updates
Jiangsu Shemar ElectricLtd's (SHSE:603530) Returns On Capital Are Heading Higher
Dec 13
We Ran A Stock Scan For Earnings Growth And Jiangsu Shemar ElectricLtd (SHSE:603530) Passed With Ease
Nov 27A Look At The Fair Value Of Jiangsu Shemar Electric Co.,Ltd (SHSE:603530)
Oct 14Some Confidence Is Lacking In Jiangsu Shemar Electric Co.,Ltd's (SHSE:603530) P/E
Sep 25Slowing Rates Of Return At Jiangsu Shemar ElectricLtd (SHSE:603530) Leave Little Room For Excitement
Jul 04Investor Optimism Abounds Jiangsu Shemar Electric Co.,Ltd (SHSE:603530) But Growth Is Lacking
Jun 13Here's Why We Think Jiangsu Shemar ElectricLtd (SHSE:603530) Is Well Worth Watching
May 23Jiangsu Shemar Electric Co.,Ltd's (SHSE:603530) Shares Climb 40% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 603530's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥541.3M).
Long Term Liabilities: 603530's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥53.8M).
Debt to Equity History and Analysis
Debt Level: 603530 has more cash than its total debt.
Reducing Debt: 603530's debt to equity ratio has increased from 0.04% to 1.8% over the past 5 years.
Debt Coverage: 603530's debt is well covered by operating cash flow (523.9%).
Interest Coverage: 603530 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 | 2024/12/25 22:58 |
| End of Day Share Price | 2024/12/25 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 Shemar Electric Co.,Ltd is covered by 0 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 |
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