Jiangsu Haili Wind Power Equipment Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Haili Wind Power Equipment Technology has a total shareholder equity of CN¥5.7B and total debt of CN¥751.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥8.0B and CN¥2.3B respectively.
Key information
13.2%
Debt to equity ratio
CN¥751.11m
Debt
Interest coverage ratio | n/a |
Cash | CN¥602.58m |
Equity | CN¥5.70b |
Total liabilities | CN¥2.28b |
Total assets | CN¥7.98b |
Recent financial health updates
Recent updates
Jiangsu 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¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 301155's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥77.4M).
Debt to Equity History and Analysis
Debt Level: 301155's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 301155's debt to equity ratio has reduced from 90.9% to 13.2% over the past 5 years.
Debt Coverage: 301155's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301155's interest payments on its debt are well covered by EBIT.