Zhejiang JW Precision MachineryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang JW Precision MachineryLtd has a total shareholder equity of CN¥697.7M and total debt of CN¥382.8M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are CN¥1.4B and CN¥671.6M respectively. Zhejiang JW Precision MachineryLtd's EBIT is CN¥32.8M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥58.4M.
Key information
54.9%
Debt to equity ratio
CN¥382.81m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥58.42m |
| Equity | CN¥697.70m |
| Total liabilities | CN¥671.63m |
| Total assets | CN¥1.37b |
Recent financial health updates
No updates
Recent updates
Zhejiang JW Precision Machinery Co.,Ltd's (SZSE:300984) Shares Bounce 37% But Its Business Still Trails The Industry
Dec 04
Zhejiang JW Precision MachineryLtd (SZSE:300984) May Have Issues Allocating Its Capital
Dec 03Earnings Troubles May Signal Larger Issues for Zhejiang JW Precision MachineryLtd (SZSE:300984) Shareholders
Nov 06Optimistic Investors Push Zhejiang JW Precision Machinery Co.,Ltd (SZSE:300984) Shares Up 34% But Growth Is Lacking
Oct 18Zhejiang JW Precision MachineryLtd's (SZSE:300984) Returns On Capital Not Reflecting Well On The Business
Jun 07Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang JW Precision MachineryLtd (SZSE:300984)
Apr 15There Are Reasons To Feel Uneasy About Zhejiang JW Precision MachineryLtd's (SZSE:300984) Returns On Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 300984's short term assets (CN¥602.9M) exceed its short term liabilities (CN¥333.0M).
Long Term Liabilities: 300984's short term assets (CN¥602.9M) exceed its long term liabilities (CN¥338.7M).
Debt to Equity History and Analysis
Debt Level: 300984's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: 300984's debt to equity ratio has increased from 33.4% to 54.9% over the past 5 years.
Debt Coverage: 300984's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 300984's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:01 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang JW Precision Machinery Co.,Ltd is covered by 1 analysts. 0 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 |
|---|---|
| Qun Xi Xiao | Huatai Research |