Jiangsu Haili Wind Power Equipment Technology Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Haili Wind Power Equipment Technology has a total shareholder equity of CN¥5.7B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are CN¥9.0B and CN¥3.3B respectively.
Key information
22.5%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥962.53m |
| Equity | CN¥5.71b |
| Total liabilities | CN¥3.26b |
| Total assets | CN¥8.97b |
Recent financial health updates
Jiangsu Haili Wind Power Equipment Technology (SZSE:301155) Is Carrying A Fair Bit Of Debt
Aug 29
Here's Why Jiangsu Haili Wind Power Equipment Technology (SZSE:301155) Can Afford Some Debt
Apr 28Recent updates
Jiangsu Haili Wind Power Equipment Technology Co., Ltd.'s (SZSE:301155) 38% Jump Shows Its Popularity With Investors
Oct 10Jiangsu Haili Wind Power Equipment Technology (SZSE:301155) Is Carrying A Fair Bit Of Debt
Aug 29Jiangsu Haili Wind Power Equipment Technology Co., Ltd.'s (SZSE:301155) Popularity With Investors Is Clear
Jul 18Here's Why Jiangsu Haili Wind Power Equipment Technology (SZSE:301155) Can Afford Some Debt
Apr 28Why Investors Shouldn't Be Surprised By Jiangsu Haili Wind Power Equipment Technology Co., Ltd.'s (SZSE:301155) 41% Share Price Surge
Mar 06Financial Position Analysis
Short Term Liabilities: 301155's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 301155's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥181.3M).
Debt to Equity History and Analysis
Debt Level: 301155's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 301155's debt to equity ratio has reduced from 64.5% to 22.5% over the past 5 years.
Debt Coverage: 301155's debt is well covered by operating cash flow (23.1%).
Interest Coverage: Insufficient data to determine if 301155's interest payments on its debt are well covered by EBIT.