Jikai Equipment Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Jikai Equipment Manufacturing has a total shareholder equity of CN¥899.7M and total debt of CN¥60.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥1.2B and CN¥262.1M respectively.
Key information
6.7%
Debt to equity ratio
CN¥60.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥108.00m |
| Equity | CN¥899.70m |
| Total liabilities | CN¥262.09m |
| Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 30
We Think That There Are Issues Underlying Jikai Equipment Manufacturing's (SZSE:002691) Earnings
Aug 27More Unpleasant Surprises Could Be In Store For Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Shares After Tumbling 27%
Jun 06There's Reason For Concern Over Jikai Equipment Manufacturing Co., Ltd.'s (SZSE:002691) Massive 30% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 002691's short term assets (CN¥677.8M) exceed its short term liabilities (CN¥236.8M).
Long Term Liabilities: 002691's short term assets (CN¥677.8M) exceed its long term liabilities (CN¥25.3M).
Debt to Equity History and Analysis
Debt Level: 002691 has more cash than its total debt.
Reducing Debt: 002691's debt to equity ratio has reduced from 7.9% to 6.7% over the past 5 years.
Debt Coverage: 002691's debt is well covered by operating cash flow (98.2%).
Interest Coverage: Insufficient data to determine if 002691's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:17 |
| End of Day Share Price | 2024/12/25 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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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
Jikai Equipment Manufacturing Co., Ltd. is covered by 1 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 |
|---|---|
| Zhou Lu | Everbright Securities Co. Ltd. |