Jiiangsu Times Textile TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
Jiiangsu Times Textile TechnologyLTD has a total shareholder equity of CN¥891.4M and total debt of CN¥108.7M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥1.2B and CN¥285.6M respectively. Jiiangsu Times Textile TechnologyLTD's EBIT is CN¥63.7M making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥456.4M.
Key information
12.2%
Debt to equity ratio
CN¥108.73m
Debt
| Interest coverage ratio | -7.2x |
| Cash | CN¥456.37m |
| Equity | CN¥891.44m |
| Total liabilities | CN¥285.64m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Investors Could Be Concerned With Jiiangsu Times Textile TechnologyLTD's (SZSE:001234) Returns On Capital
Dec 23
Jiiangsu Times Textile TechnologyLTD's (SZSE:001234) Promising Earnings May Rest On Soft Foundations
Nov 07Jiiangsu Times Textile TechnologyLTD (SZSE:001234) Is Paying Out A Dividend Of CN¥0.50
Jun 17Jiiangsu Times Textile TechnologyLTD (SZSE:001234) Will Want To Turn Around Its Return Trends
Jun 07Jiiangsu Times Textile TechnologyLTD's (SZSE:001234) Shareholders May Want To Dig Deeper Than Statutory Profit
May 02What Jiiangsu Times Textile Technology Co.,LTD's (SZSE:001234) P/E Is Not Telling You
Apr 17Financial Position Analysis
Short Term Liabilities: 001234's short term assets (CN¥807.4M) exceed its short term liabilities (CN¥281.4M).
Long Term Liabilities: 001234's short term assets (CN¥807.4M) exceed its long term liabilities (CN¥4.2M).
Debt to Equity History and Analysis
Debt Level: 001234 has more cash than its total debt.
Reducing Debt: 001234's debt to equity ratio has reduced from 32.8% to 12.2% over the past 5 years.
Debt Coverage: 001234's debt is well covered by operating cash flow (58.4%).
Interest Coverage: 001234 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 | 2024/12/24 01:55 |
| End of Day Share Price | 2024/12/24 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
Jiiangsu Times Textile Technology Co.,LTD is covered by 0 analysts. 0 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 |
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