Hainan Jinpan Smart Technology Balance Sheet Health
Financial Health criteria checks 5/6
Hainan Jinpan Smart Technology has a total shareholder equity of CN¥4.2B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CN¥8.8B and CN¥4.6B respectively. Hainan Jinpan Smart Technology's EBIT is CN¥644.2M making its interest coverage ratio 28.9. It has cash and short-term investments of CN¥747.7M.
Key information
33.6%
Debt to equity ratio
CN¥1.41b
Debt
| Interest coverage ratio | 28.9x |
| Cash | CN¥747.72m |
| Equity | CN¥4.18b |
| Total liabilities | CN¥4.59b |
| Total assets | CN¥8.77b |
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 23
Calculating 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¥6.2B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 688676's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥677.9M).
Debt to Equity History and Analysis
Debt Level: 688676's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 688676's debt to equity ratio has increased from 7.9% to 33.6% over the past 5 years.
Debt Coverage: 688676's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 688676's interest payments on its debt are well covered by EBIT (28.9x coverage).