Guangdong Jinming Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Jinming Machinery has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥221.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥405.63m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥221.58m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Guangdong Jinming Machinery's (SZSE:300281) Earnings Are Weaker Than They Seem
Nov 05
There's Reason For Concern Over Guangdong Jinming Machinery Co., Ltd.'s (SZSE:300281) Massive 25% Price Jump
Sep 27Guangdong Jinming Machinery Co., Ltd.'s (SZSE:300281) Popularity With Investors Is Under Threat From Overpricing
Jul 25Guangdong Jinming Machinery's (SZSE:300281) Promising Earnings May Rest On Soft Foundations
May 06Revenues Not Telling The Story For Guangdong Jinming Machinery Co., Ltd. (SZSE:300281) After Shares Rise 47%
Mar 07Financial Position Analysis
Short Term Liabilities: 300281's short term assets (CN¥877.9M) exceed its short term liabilities (CN¥192.5M).
Long Term Liabilities: 300281's short term assets (CN¥877.9M) exceed its long term liabilities (CN¥29.1M).
Debt to Equity History and Analysis
Debt Level: 300281 is debt free.
Reducing Debt: 300281 has no debt compared to 5 years ago when its debt to equity ratio was 13.3%.
Debt Coverage: 300281 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300281 has no debt, therefore coverage of interest payments is not a concern.