JILIN JINGUAN ELECTRICLtd Balance Sheet Health
Financial Health criteria checks 5/6
JILIN JINGUAN ELECTRICLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥478.2M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥3.7B and CN¥1.0B respectively.
Key information
18.2%
Debt to equity ratio
CN¥478.22m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥303.17m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.66b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300510's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥882.4M).
Long Term Liabilities: 300510's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥151.7M).
Debt to Equity History and Analysis
Debt Level: 300510's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 300510's debt to equity ratio has increased from 8.4% to 18.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300510 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300510 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.7% per year.