Jouder Precision Industry (Kunshan) Balance Sheet Health
Financial Health criteria checks 6/6
Jouder Precision Industry (Kunshan) has a total shareholder equity of CN¥548.5M and total debt of CN¥37.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥688.0M and CN¥139.5M respectively. Jouder Precision Industry (Kunshan)'s EBIT is CN¥6.9M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥136.2M.
Key information
6.7%
Debt to equity ratio
CN¥37.00m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥136.16m |
| Equity | CN¥548.46m |
| Total liabilities | CN¥139.52m |
| Total assets | CN¥687.98m |
Recent financial health updates
No updates
Recent updates
Jouder Precision Industry (Kunshan) Co., Ltd.'s (SZSE:300549) 40% Share Price Surge Not Quite Adding Up
Oct 08
Jouder Precision Industry (Kunshan) (SZSE:300549) Is Finding It Tricky To Allocate Its Capital
Sep 30Jouder Precision Industry (Kunshan)'s (SZSE:300549) Weak Earnings May Only Reveal A Part Of The Whole Picture
Aug 23Estimating The Fair Value Of Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549)
Jul 04Jouder Precision Industry (Kunshan) (SZSE:300549) Has Announced That Its Dividend Will Be Reduced To CN¥0.10
Jun 03Some Confidence Is Lacking In Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549) As Shares Slide 34%
Apr 16Jouder Precision Industry (Kunshan) Co., Ltd.'s (SZSE:300549) Business Is Yet to Catch Up With Its Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 300549's short term assets (CN¥398.1M) exceed its short term liabilities (CN¥135.8M).
Long Term Liabilities: 300549's short term assets (CN¥398.1M) exceed its long term liabilities (CN¥3.7M).
Debt to Equity History and Analysis
Debt Level: 300549 has more cash than its total debt.
Reducing Debt: 300549's debt to equity ratio has reduced from 25.4% to 6.7% over the past 5 years.
Debt Coverage: 300549's debt is well covered by operating cash flow (227.4%).
Interest Coverage: 300549 earns more interest than it pays, so coverage of interest payments is not a concern.