Jiangsu Zhongshe Group Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Zhongshe Group has a total shareholder equity of CN¥778.7M and total debt of CN¥97.9M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥1.2B and CN¥406.8M respectively. Jiangsu Zhongshe Group's EBIT is CN¥22.3M making its interest coverage ratio 14.8. It has cash and short-term investments of CN¥115.7M.
Key information
12.6%
Debt to equity ratio
CN¥97.93m
Debt
| Interest coverage ratio | 14.8x |
| Cash | CN¥115.69m |
| Equity | CN¥778.71m |
| Total liabilities | CN¥406.81m |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Jiangsu Zhongshe Group Co., Ltd. (SZSE:002883) With Shares Advancing 36%
Oct 10
Jiangsu Zhongshe Group (SZSE:002883) Has Announced That Its Dividend Will Be Reduced To CN¥0.065
Jun 30Jiangsu Zhongshe Group's (SZSE:002883) Conservative Accounting Might Explain Soft Earnings
May 01Jiangsu Zhongshe Group Co., Ltd. (SZSE:002883) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Mar 01Financial Position Analysis
Short Term Liabilities: 002883's short term assets (CN¥995.4M) exceed its short term liabilities (CN¥402.8M).
Long Term Liabilities: 002883's short term assets (CN¥995.4M) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 002883 has more cash than its total debt.
Reducing Debt: 002883's debt to equity ratio has increased from 2.6% to 12.6% over the past 5 years.
Debt Coverage: 002883's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002883's interest payments on its debt are well covered by EBIT (14.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:40 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Jiangsu Zhongshe Group Co., Ltd. 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.
| Analyst | Institution |
|---|---|
| Jie Meng | Industrial Securities Co. Ltd. |
| Xiao Tang | Tianfeng Securities Brokerage Co., Ltd |