Jiangsu Maixinlin Aviation Science and Technology Corp.

SHSE:688685 Stock Report

Market Cap: CN¥5.3b

Jiangsu Maixinlin Aviation Science and Technology Balance Sheet Health

Financial Health criteria checks 2/6

Jiangsu Maixinlin Aviation Science and Technology has a total shareholder equity of CN¥761.1M and total debt of CN¥749.8M, which brings its debt-to-equity ratio to 98.5%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively. Jiangsu Maixinlin Aviation Science and Technology's EBIT is CN¥46.1M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥108.5M.

Key information

98.5%

Debt to equity ratio

CN¥749.80m

Debt

Interest coverage ratio4.4x
CashCN¥108.51m
EquityCN¥761.15m
Total liabilitiesCN¥1.25b
Total assetsCN¥2.01b

Recent financial health updates

We Think Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Is Taking Some Risk With Its Debt

Oct 18
We Think Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Is Taking Some Risk With Its Debt

Recent updates

Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 04
Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

We Think Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Is Taking Some Risk With Its Debt

Oct 18
We Think Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Is Taking Some Risk With Its Debt

Revenues Not Telling The Story For Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) After Shares Rise 29%

Sep 25
Revenues Not Telling The Story For Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) After Shares Rise 29%

Subdued Growth No Barrier To Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) With Shares Advancing 29%

Sep 25
Subdued Growth No Barrier To Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) With Shares Advancing 29%

Investors Could Be Concerned With Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Returns On Capital

Jun 27
Investors Could Be Concerned With Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Returns On Capital

Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Anemic Earnings Might Be Worse Than You Think

May 03
Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Anemic Earnings Might Be Worse Than You Think

Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Apr 21
Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

The Returns On Capital At Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Don't Inspire Confidence

Mar 25
The Returns On Capital At Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Don't Inspire Confidence

Jiangsu Maixinlin Aviation Science and Technology Corp.'s (SHSE:688685) Shares Climb 37% But Its Business Is Yet to Catch Up

Mar 04
Jiangsu Maixinlin Aviation Science and Technology Corp.'s (SHSE:688685) Shares Climb 37% But Its Business Is Yet to Catch Up

Financial Position Analysis

Short Term Liabilities: 688685's short term assets (CN¥809.0M) do not cover its short term liabilities (CN¥1.1B).

Long Term Liabilities: 688685's short term assets (CN¥809.0M) exceed its long term liabilities (CN¥168.0M).

Debt to Equity History and Analysis

Debt Level: 688685's net debt to equity ratio (84.3%) is considered high.

Reducing Debt: 688685's debt to equity ratio has increased from 32% to 98.5% over the past 5 years.

Debt Coverage: 688685's debt is not well covered by operating cash flow (12.9%).

Interest Coverage: 688685's interest payments on its debt are well covered by EBIT (4.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/24 11:07
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Jiangsu Maixinlin Aviation Science and Technology Corp. is covered by 2 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.

AnalystInstitution
Xing JiHaitong International Research Limited
Dingru ChenZhongtai Securities Co. Ltd.