Jiangsu Maixinlin Aviation Science and Technology Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Maixinlin Aviation Science and Technology has a total shareholder equity of CN¥706.2M and total debt of CN¥489.9M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are CN¥1.4B and CN¥652.4M respectively. Jiangsu Maixinlin Aviation Science and Technology's EBIT is CN¥25.1M making its interest coverage ratio 28.5. It has cash and short-term investments of CN¥40.3M.
Key information
69.4%
Debt to equity ratio
CN¥489.91m
Debt
| Interest coverage ratio | 28.5x |
| Cash | CN¥40.27m |
| Equity | CN¥706.24m |
| Total liabilities | CN¥652.37m |
| Total assets | CN¥1.36b |
Recent financial health updates
No updates
Recent updates
Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 21
The Returns On Capital At Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Don't Inspire Confidence
Mar 25Jiangsu Maixinlin Aviation Science and Technology Corp.'s (SHSE:688685) Shares Climb 37% But Its Business Is Yet to Catch Up
Mar 04Financial Position Analysis
Short Term Liabilities: 688685's short term assets (CN¥909.2M) exceed its short term liabilities (CN¥566.0M).
Long Term Liabilities: 688685's short term assets (CN¥909.2M) exceed its long term liabilities (CN¥86.3M).
Debt to Equity History and Analysis
Debt Level: 688685's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 688685's debt to equity ratio has increased from 21.9% to 69.4% over the past 5 years.
Debt Coverage: 688685's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688685's interest payments on its debt are well covered by EBIT (28.5x coverage).