Tianjin Jieqiang Power EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Jieqiang Power EquipmentLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥8.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.5B and CN¥198.4M respectively.
Key information
0.7%
Debt to equity ratio
CN¥8.52m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥335.84m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥198.38m |
| Total assets | CN¥1.51b |
Recent financial health updates
No updates
Recent updates
Tianjin Jieqiang Power Equipment Co.,Ltd.'s (SZSE:300875) Shares Climb 55% But Its Business Is Yet to Catch Up
Oct 10
Subdued Growth No Barrier To Tianjin Jieqiang Power Equipment Co.,Ltd. (SZSE:300875) With Shares Advancing 45%
Aug 19Subdued Growth No Barrier To Tianjin Jieqiang Power Equipment Co.,Ltd.'s (SZSE:300875) Price
Jun 27Tianjin Jieqiang Power Equipment Co.,Ltd.'s (SZSE:300875) 26% Price Boost Is Out Of Tune With Revenues
Mar 05Financial Position Analysis
Short Term Liabilities: 300875's short term assets (CN¥868.0M) exceed its short term liabilities (CN¥181.6M).
Long Term Liabilities: 300875's short term assets (CN¥868.0M) exceed its long term liabilities (CN¥16.7M).
Debt to Equity History and Analysis
Debt Level: 300875 has more cash than its total debt.
Reducing Debt: 300875's debt to equity ratio has reduced from 7.6% to 0.7% over the past 5 years.
Debt Coverage: 300875's debt is well covered by operating cash flow (722.7%).
Interest Coverage: Insufficient data to determine if 300875's interest payments on its debt are well covered by EBIT.