Jiujiang Defu Technology Balance Sheet Health
Financial Health criteria checks 1/6
Jiujiang Defu Technology has a total shareholder equity of CN¥4.6B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 179.7%. Its total assets and total liabilities are CN¥16.1B and CN¥11.4B respectively.
Key information
179.7%
Debt to equity ratio
CN¥8.33b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.32b |
| Equity | CN¥4.64b |
| Total liabilities | CN¥11.43b |
| Total assets | CN¥16.06b |
Recent financial health updates
Jiujiang Defu Technology (SZSE:301511) Is Carrying A Fair Bit Of Debt
Dec 16
Is Jiujiang Defu Technology (SZSE:301511) A Risky Investment?
Aug 10Is Jiujiang Defu Technology (SZSE:301511) A Risky Investment?
Apr 21Recent updates
Jiujiang Defu Technology (SZSE:301511) Is Carrying A Fair Bit Of Debt
Dec 16Jiujiang Defu Technology Co., Limited (SZSE:301511) Stock Catapults 33% Though Its Price And Business Still Lag The Industry
Nov 11Is Jiujiang Defu Technology (SZSE:301511) A Risky Investment?
Aug 10Shaky Earnings May Not Tell The Whole Story For Jiujiang Defu Technology (SZSE:301511)
Apr 25Is Jiujiang Defu Technology (SZSE:301511) A Risky Investment?
Apr 21Financial Position Analysis
Short Term Liabilities: 301511's short term assets (CN¥9.7B) do not cover its short term liabilities (CN¥10.0B).
Long Term Liabilities: 301511's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 301511's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: 301511's debt to equity ratio has increased from 103% to 179.7% over the past 5 years.
Debt Coverage: 301511's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: Insufficient data to determine if 301511's interest payments on its debt are well covered by EBIT.