Suzhou Shijing Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou Shijing Environmental TechnologyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 163.5%. Its total assets and total liabilities are CN¥11.0B and CN¥9.0B respectively. Suzhou Shijing Environmental TechnologyLtd's EBIT is CN¥270.9M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥729.5M.
Key information
163.5%
Debt to equity ratio
CN¥3.27b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥729.46m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥8.99b |
| Total assets | CN¥10.99b |
Recent financial health updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Suzhou Shijing Environmental TechnologyLtd (SZSE:301030)
Dec 18
A Piece Of The Puzzle Missing From Suzhou Shijing Environmental Technology Co.,Ltd.'s (SZSE:301030) 26% Share Price Climb
Nov 11Suzhou Shijing Environmental TechnologyLtd's (SZSE:301030) Problems Go Beyond Weak Profit
Nov 04Should You Think About Buying Suzhou Shijing Environmental Technology Co.,Ltd. (SZSE:301030) Now?
Oct 23Suzhou Shijing Environmental Technology Co.,Ltd. (SZSE:301030) Stock Rockets 27% But Many Are Still Ignoring The Company
Sep 27Suzhou Shijing Environmental Technology Co.,Ltd. (SZSE:301030) Might Not Be As Mispriced As It Looks
Jun 21Does Suzhou Shijing Environmental TechnologyLtd (SZSE:301030) Have A Healthy Balance Sheet?
May 21Suzhou Shijing Environmental TechnologyLtd's (SZSE:301030) Solid Earnings May Rest On Weak Foundations
May 02Is Suzhou Shijing Environmental Technology Co.,Ltd. (SZSE:301030) Potentially Undervalued?
Apr 13Financial Position Analysis
Short Term Liabilities: 301030's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 301030's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 301030's net debt to equity ratio (127%) is considered high.
Reducing Debt: 301030's debt to equity ratio has increased from 42% to 163.5% over the past 5 years.
Debt Coverage: 301030's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301030's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:28 |
| End of Day Share Price | 2024/12/20 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
Suzhou Shijing Environmental Technology Co.,Ltd. is covered by 4 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 |
|---|---|
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |