Shenzhen JT Automation Equipment Co.,Ltd

SZSE:300400 Stock Report

Market Cap: CN¥2.8b

Shenzhen JT Automation EquipmentLtd Balance Sheet Health

Financial Health criteria checks 6/6

Shenzhen JT Automation EquipmentLtd has a total shareholder equity of CN¥854.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥307.6M respectively. Shenzhen JT Automation EquipmentLtd's EBIT is CN¥20.6M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥362.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-1.1x
CashCN¥362.85m
EquityCN¥854.73m
Total liabilitiesCN¥307.62m
Total assetsCN¥1.16b

Recent financial health updates

No updates

Recent updates

Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Jun 13
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings

Apr 29
Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings

Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk

Apr 22
Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk

Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected

Mar 07
Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected

Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Mar 01
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Financial Position Analysis

Short Term Liabilities: 300400's short term assets (CN¥869.3M) exceed its short term liabilities (CN¥286.1M).

Long Term Liabilities: 300400's short term assets (CN¥869.3M) exceed its long term liabilities (CN¥21.5M).


Debt to Equity History and Analysis

Debt Level: 300400 is debt free.

Reducing Debt: 300400 has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.

Debt Coverage: 300400 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 300400 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.