Shenzhen Jasic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Jasic TechnologyLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥79.7M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥2.9B and CN¥527.6M respectively. Shenzhen Jasic TechnologyLtd's EBIT is CN¥160.7M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥1.6B.
Key information
3.4%
Debt to equity ratio
CN¥79.74m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥1.65b |
| Equity | CN¥2.33b |
| Total liabilities | CN¥527.64m |
| Total assets | CN¥2.86b |
Recent financial health updates
No updates
Recent updates
Shenzhen Jasic TechnologyLtd's (SZSE:300193) Profits Appear To Have Quality Issues
Mar 29
Shenzhen Jasic Technology Co.,Ltd.'s (SZSE:300193) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Mar 06Shenzhen Jasic TechnologyLtd (SZSE:300193) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Financial Position Analysis
Short Term Liabilities: 300193's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥504.9M).
Long Term Liabilities: 300193's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥22.8M).
Debt to Equity History and Analysis
Debt Level: 300193 has more cash than its total debt.
Reducing Debt: 300193's debt to equity ratio has increased from 0.2% to 3.4% over the past 5 years.
Debt Coverage: 300193's debt is well covered by operating cash flow (233%).
Interest Coverage: 300193 earns more interest than it pays, so coverage of interest payments is not a concern.