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¥118.6M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥3.0B and CN¥691.9M respectively. Shenzhen Jasic TechnologyLtd's EBIT is CN¥177.6M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.6B.
Key information
5.2%
Debt to equity ratio
CN¥118.62m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥1.57b |
| Equity | CN¥2.28b |
| Total liabilities | CN¥691.89m |
| Total assets | CN¥2.97b |
Recent financial health updates
No updates
Recent updates
Additional Considerations Required While Assessing Shenzhen Jasic TechnologyLtd's (SZSE:300193) Strong Earnings
Nov 07
Shenzhen Jasic TechnologyLtd's (SZSE:300193) Returns On Capital Are Heading Higher
Oct 16Shenzhen Jasic Technology Co.,Ltd. (SZSE:300193) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Sep 30Shenzhen Jasic Technology Co.,Ltd.'s (SZSE:300193) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Sep 30Shenzhen Jasic TechnologyLtd's (SZSE:300193) Profits Appear To Have Quality Issues
Mar 29Shenzhen 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¥2.1B) exceed its short term liabilities (CN¥669.8M).
Long Term Liabilities: 300193's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥22.1M).
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 5.2% over the past 5 years.
Debt Coverage: 300193's debt is well covered by operating cash flow (171.3%).
Interest Coverage: 300193 earns more interest than it pays, so coverage of interest payments is not a concern.