Xiamen Jiarong TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen Jiarong TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥150.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥2.2B and CN¥483.3M respectively. Xiamen Jiarong TechnologyLtd's EBIT is CN¥8.7M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥893.3M.
Key information
8.5%
Debt to equity ratio
CN¥150.05m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥893.27m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥483.30m |
| Total assets | CN¥2.24b |
Recent financial health updates
No updates
Recent updates
Xiamen Jiarong TechnologyLtd (SZSE:301148) Posted Weak Earnings But There Is More To Worry About
Nov 01
Here's What's Concerning About Xiamen Jiarong TechnologyLtd's (SZSE:301148) Returns On Capital
Sep 30What Xiamen Jiarong Technology Corp.,Ltd.'s (SZSE:301148) P/E Is Not Telling You
Aug 26Xiamen Jiarong TechnologyLtd's (SZSE:301148) Anemic Earnings Might Be Worse Than You Think
May 02Financial Position Analysis
Short Term Liabilities: 301148's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥353.1M).
Long Term Liabilities: 301148's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥130.2M).
Debt to Equity History and Analysis
Debt Level: 301148 has more cash than its total debt.
Reducing Debt: 301148's debt to equity ratio has increased from 4.3% to 8.5% over the past 5 years.
Debt Coverage: 301148's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 301148 earns more interest than it pays, so coverage of interest payments is not a concern.