Jiangsu TongLin ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu TongLin ElectricLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥158.4M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥3.5B and CN¥1.3B respectively. Jiangsu TongLin ElectricLtd's EBIT is CN¥116.7M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥1.4B.
Key information
7.1%
Debt to equity ratio
CN¥158.43m
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥1.42b |
| Equity | CN¥2.22b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥3.47b |
Recent financial health updates
Recent updates
Jiangsu TongLin ElectricLtd's (SZSE:301168) Anemic Earnings Might Be Worse Than You Think
Nov 04
Investors Still Aren't Entirely Convinced By Jiangsu TongLin Electric Co.,Ltd.'s (SZSE:301168) Earnings Despite 53% Price Jump
Oct 09Jiangsu TongLin Electric Co.,Ltd.'s (SZSE:301168) Subdued P/E Might Signal An Opportunity
Aug 22Jiangsu TongLin ElectricLtd (SZSE:301168) Will Want To Turn Around Its Return Trends
Jun 26We Think Jiangsu TongLin ElectricLtd (SZSE:301168) Can Manage Its Debt With Ease
May 23Investors Shouldn't Be Too Comfortable With Jiangsu TongLin ElectricLtd's (SZSE:301168) Earnings
Apr 28These Analysts Just Made An Incredible Downgrade To Their Jiangsu TongLin Electric Co.,Ltd. (SZSE:301168) EPS Forecasts
Apr 24Financial Position Analysis
Short Term Liabilities: 301168's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 301168's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥39.4M).
Debt to Equity History and Analysis
Debt Level: 301168 has more cash than its total debt.
Reducing Debt: 301168's debt to equity ratio has increased from 0.9% to 7.1% over the past 5 years.
Debt Coverage: 301168's debt is well covered by operating cash flow (100.7%).
Interest Coverage: 301168 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:00 |
| 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
Jiangsu TongLin Electric Co.,Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Yan Ma | China International Capital Corporation Limited |
| Xianfan Chen | China International Capital Corporation Limited |
| Zhongshu Yin | Everbright Securities Co. Ltd. |