Jiangsu Shentong Valve Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Shentong Valve has a total shareholder equity of CN¥3.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥5.7B and CN¥2.4B respectively. Jiangsu Shentong Valve's EBIT is CN¥366.1M making its interest coverage ratio -745.6. It has cash and short-term investments of CN¥573.7M.
Key information
30.5%
Debt to equity ratio
CN¥1.03b
Debt
| Interest coverage ratio | -745.6x |
| Cash | CN¥573.71m |
| Equity | CN¥3.36b |
| Total liabilities | CN¥2.37b |
| Total assets | CN¥5.73b |
Recent financial health updates
Recent updates
Earnings Miss: Jiangsu Shentong Valve Co., Ltd. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts
Apr 27
Jiangsu Shentong Valve Co., Ltd.'s (SZSE:002438) Shares Bounce 25% But Its Business Still Trails The Market
Mar 09Does Jiangsu Shentong Valve (SZSE:002438) Have A Healthy Balance Sheet?
Mar 06Financial Position Analysis
Short Term Liabilities: 002438's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002438's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥458.3M).
Debt to Equity History and Analysis
Debt Level: 002438's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 002438's debt to equity ratio has increased from 26% to 30.5% over the past 5 years.
Debt Coverage: 002438's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 002438 earns more interest than it pays, so coverage of interest payments is not a concern.