Jiangsu Jinling Sports EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jinling Sports EquipmentLtd has a total shareholder equity of CN¥832.9M and total debt of CN¥248.6M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are CN¥1.3B and CN¥456.9M respectively. Jiangsu Jinling Sports EquipmentLtd's EBIT is CN¥12.4M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥480.7M.
Key information
29.8%
Debt to equity ratio
CN¥248.57m
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥480.74m |
| Equity | CN¥832.85m |
| Total liabilities | CN¥456.87m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Jiangsu Jinling Sports EquipmentLtd (SZSE:300651) Shareholders
Nov 01
There's No Escaping Jiangsu Jinling Sports Equipment Co.,Ltd.'s (SZSE:300651) Muted Earnings
Sep 29Jiangsu Jinling Sports EquipmentLtd (SZSE:300651) Is Paying Out A Larger Dividend Than Last Year
Jun 05The Strong Earnings Posted By Jiangsu Jinling Sports EquipmentLtd (SZSE:300651) Are A Good Indication Of The Strength Of The Business
May 01Jiangsu Jinling Sports Equipment Co.,Ltd.'s (SZSE:300651) 35% Price Boost Is Out Of Tune With Earnings
Mar 08Financial Position Analysis
Short Term Liabilities: 300651's short term assets (CN¥788.1M) exceed its short term liabilities (CN¥202.1M).
Long Term Liabilities: 300651's short term assets (CN¥788.1M) exceed its long term liabilities (CN¥254.7M).
Debt to Equity History and Analysis
Debt Level: 300651 has more cash than its total debt.
Reducing Debt: 300651's debt to equity ratio has increased from 16.7% to 29.8% over the past 5 years.
Debt Coverage: 300651's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 300651 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 06:25 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Jinling Sports Equipment Co.,Ltd. is covered by 1 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 |
|---|---|
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |