Jiangsu Guomao Reducer Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Guomao Reducer has a total shareholder equity of CN¥3.6B and total debt of CN¥15.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥5.2B and CN¥1.6B respectively. Jiangsu Guomao Reducer's EBIT is CN¥333.5M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥1.9B.
Key information
0.4%
Debt to equity ratio
CN¥15.01m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥1.92b |
| Equity | CN¥3.65b |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥5.24b |
Recent financial health updates
No updates
Recent updates
Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Soars 28% But It's A Story Of Risk Vs Reward
Dec 02
Jiangsu Guomao Reducer (SHSE:603915) Will Want To Turn Around Its Return Trends
Nov 21Some Investors May Be Willing To Look Past Jiangsu Guomao Reducer's (SHSE:603915) Soft Earnings
Nov 06Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Held Back By Insufficient Growth Even After Shares Climb 28%
Oct 01Is Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Potentially Undervalued?
Sep 24Jiangsu Guomao Reducer (SHSE:603915) Might Be Having Difficulty Using Its Capital Effectively
Aug 22Calculating The Fair Value Of Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915)
Aug 01Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Prospects Need A Boost To Lift Shares
Jun 07Should You Think About Buying Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Now?
May 21The Returns On Capital At Jiangsu Guomao Reducer (SHSE:603915) Don't Inspire Confidence
Mar 26Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Intrinsic Value Is Potentially 25% Above Its Share Price
Mar 06Financial Position Analysis
Short Term Liabilities: 603915's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603915's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥88.6M).
Debt to Equity History and Analysis
Debt Level: 603915 has more cash than its total debt.
Reducing Debt: 603915's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 603915's debt is well covered by operating cash flow (4603%).
Interest Coverage: 603915 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 | 2024/12/28 00:41 |
| End of Day Share Price | 2024/12/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Guomao Reducer Co., Ltd. is covered by 6 analysts. 3 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 |
|---|---|
| Shuaibin Huang | Everbright Securities Co. Ltd. |
| Kevin Luo | Morgan Stanley |
| Sheng Zhong | Morgan Stanley |