Jiangsu Boamax Technologies GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Boamax Technologies GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥615.3M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.7B respectively.
Key information
57.2%
Debt to equity ratio
CN¥615.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥38.76m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥2.76b |
Recent financial health updates
Recent updates
Jiangsu Boamax Technologies Group Co.,Ltd.'s (SZSE:002514) 32% Share Price Surge Not Quite Adding Up
Dec 18
Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Stock Rockets 49% As Investors Are Less Pessimistic Than Expected
Oct 23Would Jiangsu Boamax Technologies GroupLtd (SZSE:002514) Be Better Off With Less Debt?
Oct 01Optimistic Investors Push Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Shares Up 29% But Growth Is Lacking
Sep 02There's Reason For Concern Over Jiangsu Boamax Technologies Group Co.,Ltd.'s (SZSE:002514) Price
Jun 07Jiangsu Boamax Technologies Group Co.,Ltd. (SZSE:002514) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 002514's short term assets (CN¥913.9M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002514's short term assets (CN¥913.9M) exceed its long term liabilities (CN¥413.9M).
Debt to Equity History and Analysis
Debt Level: 002514's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 002514's debt to equity ratio has increased from 28.6% to 57.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002514 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002514 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 42.4% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Boamax Technologies Group Co.,Ltd. is covered by 4 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.
| Analyst | Institution |
|---|---|
| Haishan Wang | Everbright Securities Co. Ltd. |
| Qingqing Chen | Guosen Securities Co., Ltd. |
| Yang Wang | Industrial Securities Co. Ltd. |