JinGuan Electric Balance Sheet Health
Financial Health criteria checks 6/6
JinGuan Electric has a total shareholder equity of CN¥784.7M and total debt of CN¥41.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥1.3B and CN¥498.7M respectively. JinGuan Electric's EBIT is CN¥104.3M making its interest coverage ratio -31.3. It has cash and short-term investments of CN¥347.4M.
Key information
5.2%
Debt to equity ratio
CN¥41.00m
Debt
| Interest coverage ratio | -31.3x |
| Cash | CN¥347.44m |
| Equity | CN¥784.69m |
| Total liabilities | CN¥498.66m |
| Total assets | CN¥1.28b |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On JinGuan Electric Co., Ltd. (SHSE:688517) Even After 42% Share Price Boost
Oct 08
JinGuan Electric (SHSE:688517) Strong Profits May Be Masking Some Underlying Issues
Aug 29Even With A 29% Surge, Cautious Investors Are Not Rewarding JinGuan Electric Co., Ltd.'s (SHSE:688517) Performance Completely
May 21JinGuan Electric's (SHSE:688517) Returns On Capital Not Reflecting Well On The Business
Apr 16Further Upside For JinGuan Electric Co., Ltd. (SHSE:688517) Shares Could Introduce Price Risks After 27% Bounce
Mar 18Financial Position Analysis
Short Term Liabilities: 688517's short term assets (CN¥965.1M) exceed its short term liabilities (CN¥466.3M).
Long Term Liabilities: 688517's short term assets (CN¥965.1M) exceed its long term liabilities (CN¥32.3M).
Debt to Equity History and Analysis
Debt Level: 688517 has more cash than its total debt.
Reducing Debt: 688517's debt to equity ratio has reduced from 21.8% to 5.2% over the past 5 years.
Debt Coverage: 688517's debt is well covered by operating cash flow (421.9%).
Interest Coverage: 688517 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 | 2024/12/26 17:25 |
| End of Day Share Price | 2024/12/26 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
JinGuan Electric Co., Ltd. is covered by 1 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 |
|---|---|
| Yongkang Deng | Minsheng Securities Co. |