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 ratio | 4.4x |
| Cash | CN¥108.51m |
| Equity | CN¥761.15m |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥2.01b |
Recent financial health updates
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
We Think Jiangsu Maixinlin Aviation Science and Technology (SHSE:688685) Is Taking Some Risk With Its Debt
Oct 18Revenues Not Telling The Story For Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) After Shares Rise 29%
Sep 25Subdued Growth No Barrier To Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) With Shares Advancing 29%
Sep 25Investors Could Be Concerned With Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Returns On Capital
Jun 27Jiangsu Maixinlin Aviation Science and Technology's (SHSE:688685) Anemic Earnings Might Be Worse Than You Think
May 03Jiangsu Maixinlin Aviation Science and Technology Corp. (SHSE:688685) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 21The 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¥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).