JiangSu Changling HydraulicLtd Balance Sheet Health
Financial Health criteria checks 6/6
JiangSu Changling HydraulicLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥192.1M respectively. JiangSu Changling HydraulicLtd's EBIT is CN¥129.4M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥760.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥760.36m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥192.06m |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Recent updates
JiangSu Changling Hydraulic Co.,Ltd's (SHSE:605389) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Nov 19
Weak Statutory Earnings May Not Tell The Whole Story For JiangSu Changling HydraulicLtd (SHSE:605389)
May 01JiangSu Changling HydraulicLtd (SHSE:605389) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Financial Position Analysis
Short Term Liabilities: 605389's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥141.2M).
Long Term Liabilities: 605389's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥50.9M).
Debt to Equity History and Analysis
Debt Level: 605389 is debt free.
Reducing Debt: 605389 has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.
Debt Coverage: 605389 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605389 has no debt, therefore coverage of interest payments is not a concern.