Jianglong Shipbuilding Balance Sheet Health
Financial Health criteria checks 5/6
Jianglong Shipbuilding has a total shareholder equity of CN¥836.9M and total debt of CN¥84.1M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively. Jianglong Shipbuilding's EBIT is CN¥31.2M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥117.1M.
Key information
10.0%
Debt to equity ratio
CN¥84.08m
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥117.07m |
| Equity | CN¥836.91m |
| Total liabilities | CN¥1.18b |
| Total assets | CN¥2.02b |
Recent financial health updates
Recent updates
Revenues Tell The Story For Jianglong Shipbuilding Co., Ltd. (SZSE:300589) As Its Stock Soars 36%
Oct 08
These 4 Measures Indicate That Jianglong Shipbuilding (SZSE:300589) Is Using Debt Reasonably Well
Sep 30Jianglong Shipbuilding's (SZSE:300589) Returns On Capital Not Reflecting Well On The Business
Jun 13Jianglong Shipbuilding's (SZSE:300589) Performance Is Even Better Than Its Earnings Suggest
May 01Jianglong Shipbuilding Co., Ltd.'s (SZSE:300589) P/S Is Still On The Mark Following 26% Share Price Bounce
Mar 06Financial Position Analysis
Short Term Liabilities: 300589's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300589's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 300589 has more cash than its total debt.
Reducing Debt: 300589's debt to equity ratio has reduced from 28% to 10% over the past 5 years.
Debt Coverage: 300589's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300589 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:57 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Jianglong Shipbuilding Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gen He | Everbright Securities Co. Ltd. |
| Yuchen Liu | Everbright Securities Co. Ltd. |