Jiangsu Gian Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Gian Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥58.8M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are CN¥3.2B and CN¥1.1B respectively. Jiangsu Gian Technology's EBIT is CN¥184.4M making its interest coverage ratio -724.1. It has cash and short-term investments of CN¥694.1M.
Key information
2.8%
Debt to equity ratio
CN¥58.83m
Debt
Interest coverage ratio | -724.1x |
Cash | CN¥694.10m |
Equity | CN¥2.11b |
Total liabilities | CN¥1.12b |
Total assets | CN¥3.23b |
Recent financial health updates
Does Jiangsu Gian Technology (SZSE:300709) Have A Healthy Balance Sheet?
Oct 27Jiangsu Gian Technology (SZSE:300709) Seems To Use Debt Rather Sparingly
Jul 15Is Jiangsu Gian Technology (SZSE:300709) A Risky Investment?
Mar 28Recent updates
Jiangsu Gian Technology (SZSE:300709) Will Be Hoping To Turn Its Returns On Capital Around
Nov 25Jiangsu Gian Technology's (SZSE:300709) Earnings Offer More Than Meets The Eye
Nov 06Does Jiangsu Gian Technology (SZSE:300709) Have A Healthy Balance Sheet?
Oct 27Jiangsu Gian Technology Co., Ltd.'s (SZSE:300709) P/S Is Still On The Mark Following 47% Share Price Bounce
Oct 10Jiangsu Gian Technology Co., Ltd.'s (SZSE:300709) Intrinsic Value Is Potentially 67% Above Its Share Price
Sep 30Market Might Still Lack Some Conviction On Jiangsu Gian Technology Co., Ltd. (SZSE:300709) Even After 29% Share Price Boost
Aug 18Jiangsu Gian Technology (SZSE:300709) Seems To Use Debt Rather Sparingly
Jul 15Take Care Before Jumping Onto Jiangsu Gian Technology Co., Ltd. (SZSE:300709) Even Though It's 30% Cheaper
Apr 16Is Jiangsu Gian Technology (SZSE:300709) A Risky Investment?
Mar 28Jiangsu Gian Technology Co., Ltd. (SZSE:300709) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 01Financial Position Analysis
Short Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300709's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥109.6M).
Debt to Equity History and Analysis
Debt Level: 300709 has more cash than its total debt.
Reducing Debt: 300709's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.
Debt Coverage: 300709's debt is well covered by operating cash flow (720.8%).
Interest Coverage: 300709 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 00:12 |
End of Day Share Price | 2024/12/23 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 |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Gian Technology Co., Ltd. is covered by 2 analysts. 2 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 |
---|---|
Tao Xu | Citic Securities Co., Ltd. |
Jian Hu | Guosen Securities Co., Ltd. |