Jiawei Renewable Energy Balance Sheet Health
Financial Health criteria checks 4/6
Jiawei Renewable Energy has a total shareholder equity of CN¥1.8B and total debt of CN¥430.7M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are CN¥3.0B and CN¥1.1B respectively.
Key information
23.5%
Debt to equity ratio
CN¥430.68m
Debt
Interest coverage ratio | n/a |
Cash | CN¥274.43m |
Equity | CN¥1.83b |
Total liabilities | CN¥1.12b |
Total assets | CN¥2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300317's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥507.8M).
Long Term Liabilities: 300317's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥612.3M).
Debt to Equity History and Analysis
Debt Level: 300317's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 300317's debt to equity ratio has reduced from 48.8% to 23.5% over the past 5 years.
Debt Coverage: 300317's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300317's interest payments on its debt are well covered by EBIT.