Jiangsu Daybright Intelligent ElectricLTD Balance Sheet Health
Financial Health criteria checks 0/6
Jiangsu Daybright Intelligent ElectricLTD has a total shareholder equity of CN¥634.3M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 166.9%. Its total assets and total liabilities are CN¥2.0B and CN¥1.4B respectively.
Key information
166.9%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥96.80m |
| Equity | CN¥634.32m |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Recent updates
Jiangsu Daybright Intelligent Electric Co.,LTD. (SZSE:300670) Stock Rockets 34% As Investors Are Less Pessimistic Than Expected
Oct 02
Optimistic Investors Push Jiangsu Daybright Intelligent Electric Co.,LTD. (SZSE:300670) Shares Up 29% But Growth Is Lacking
May 31Jiangsu Daybright Intelligent Electric Co.,LTD.'s (SZSE:300670) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 16Jiangsu Daybright Intelligent Electric Co.,LTD. (SZSE:300670) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Feb 26Financial Position Analysis
Short Term Liabilities: 300670's short term assets (CN¥476.9M) do not cover its short term liabilities (CN¥773.9M).
Long Term Liabilities: 300670's short term assets (CN¥476.9M) do not cover its long term liabilities (CN¥614.5M).
Debt to Equity History and Analysis
Debt Level: 300670's net debt to equity ratio (151.7%) is considered high.
Reducing Debt: 300670's debt to equity ratio has increased from 0% to 166.9% over the past 5 years.
Debt Coverage: 300670's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300670's interest payments on its debt are well covered by EBIT.