JiangSu JiuWu Hi-Tech Balance Sheet Health
Financial Health criteria checks 6/6
JiangSu JiuWu Hi-Tech has a total shareholder equity of CN¥1.2B and total debt of CN¥61.1M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥1.8B and CN¥602.7M respectively. JiangSu JiuWu Hi-Tech's EBIT is CN¥22.6M making its interest coverage ratio -1. It has cash and short-term investments of CN¥292.8M.
Key information
5.1%
Debt to equity ratio
CN¥61.15m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥292.79m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥602.71m |
| Total assets | CN¥1.81b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By JiangSu JiuWu Hi-Tech Co., Ltd.'s (SZSE:300631) 37% Share Price Surge
Oct 01
There's Reason For Concern Over JiangSu JiuWu Hi-Tech Co., Ltd.'s (SZSE:300631) Price
Jul 01JiangSu JiuWu Hi-Tech Co., Ltd. (SZSE:300631) Stocks Shoot Up 44% But Its P/E Still Looks Reasonable
Mar 07Financial Position Analysis
Short Term Liabilities: 300631's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥522.3M).
Long Term Liabilities: 300631's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥80.4M).
Debt to Equity History and Analysis
Debt Level: 300631 has more cash than its total debt.
Reducing Debt: 300631's debt to equity ratio has reduced from 36.4% to 5.1% over the past 5 years.
Debt Coverage: 300631's debt is well covered by operating cash flow (238.2%).
Interest Coverage: 300631 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 | 2024/12/27 16:04 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
JiangSu JiuWu Hi-Tech Co., Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| Xiang Li | Citic Securities Co., Ltd. |
| Wei Wei Meng | Industrial Securities Co. Ltd. |