Jiangsu Shemar Electric Co.,Ltd

XSSC:603530 Stock Report

Market Cap: CN¥12.2b

Jiangsu Shemar ElectricLtd Balance Sheet Health

Financial Health criteria checks 6/6

Jiangsu Shemar ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥293.5M respectively. Jiangsu Shemar ElectricLtd's EBIT is CN¥214.8M making its interest coverage ratio -18.1. It has cash and short-term investments of CN¥353.9M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-18.1x
CashCN¥353.93m
EquityCN¥1.65b
Total liabilitiesCN¥293.52m
Total assetsCN¥1.95b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 603530's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥237.0M).

Long Term Liabilities: 603530's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥56.5M).


Debt to Equity History and Analysis

Debt Level: 603530 is debt free.

Reducing Debt: 603530 has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.

Debt Coverage: 603530 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603530 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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