Hainan Jinpan Smart Technology Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Jinpan Smart Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are CN¥8.4B and CN¥4.9B respectively. Hainan Jinpan Smart Technology's EBIT is CN¥579.3M making its interest coverage ratio 11.5. It has cash and short-term investments of CN¥541.4M.
Key information
56.7%
Debt to equity ratio
CN¥1.94b
Debt
Interest coverage ratio | 11.5x |
Cash | CN¥541.38m |
Equity | CN¥3.42b |
Total liabilities | CN¥4.95b |
Total assets | CN¥8.37b |
Recent financial health updates
Recent updates
Hainan 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¥5.9B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 688676's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 688676's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 688676's debt to equity ratio has increased from 9% to 56.7% over the past 5 years.
Debt Coverage: 688676's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 688676's interest payments on its debt are well covered by EBIT (11.5x coverage).