Hainan Jinpan Smart Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hainan Jinpan Smart Technology has a total shareholder equity of CN¥4.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are CN¥9.4B and CN¥5.1B respectively. Hainan Jinpan Smart Technology's EBIT is CN¥647.6M making its interest coverage ratio 15.5. It has cash and short-term investments of CN¥781.1M.
Key information
38.0%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | 15.5x |
| Cash | CN¥781.11m |
| Equity | CN¥4.28b |
| Total liabilities | CN¥5.13b |
| Total assets | CN¥9.42b |
Recent financial health updates
These 4 Measures Indicate That Hainan Jinpan Smart Technology (SHSE:688676) Is Using Debt Reasonably Well
Sep 02
Does Hainan Jinpan Smart Technology (SHSE:688676) Have A Healthy Balance Sheet?
Mar 22Recent updates
The Returns At Hainan Jinpan Smart Technology (SHSE:688676) Aren't Growing
Sep 30Not Many Are Piling Into Hainan Jinpan Smart Technology Co., Ltd. (SHSE:688676) Stock Yet As It Plummets 25%
Sep 09These 4 Measures Indicate That Hainan Jinpan Smart Technology (SHSE:688676) Is Using Debt Reasonably Well
Sep 02Hainan Jinpan Smart Technology Co., Ltd.'s (SHSE:688676) Share Price Is Still Matching Investor Opinion Despite 27% Slump
Jul 23Calculating The Intrinsic Value Of Hainan Jinpan Smart Technology Co., Ltd. (SHSE:688676)
Jul 15Hainan Jinpan Smart Technology (SHSE:688676) Has More To Do To Multiply In Value Going Forward
May 27Hainan Jinpan Smart Technology Co., Ltd.'s (SHSE:688676) P/E Is Still On The Mark Following 29% Share Price Bounce
Apr 29Impressive Earnings May Not Tell The Whole Story For Hainan Jinpan Smart Technology (SHSE:688676)
Mar 29Does Hainan Jinpan Smart Technology (SHSE:688676) Have A Healthy Balance Sheet?
Mar 22Financial Position Analysis
Short Term Liabilities: 688676's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 688676's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥871.5M).
Debt to Equity History and Analysis
Debt Level: 688676's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 688676's debt to equity ratio has increased from 6.8% to 38% over the past 5 years.
Debt Coverage: 688676's debt is well covered by operating cash flow (22%).
Interest Coverage: 688676's interest payments on its debt are well covered by EBIT (15.5x coverage).