Jiangsu Jujie Microfiber Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Jujie Microfiber Technology Group has a total shareholder equity of CN¥873.4M and total debt of CN¥9.9M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥1.0B and CN¥126.8M respectively. Jiangsu Jujie Microfiber Technology Group's EBIT is CN¥61.3M making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥297.8M.
Key information
1.1%
Debt to equity ratio
CN¥9.92m
Debt
| Interest coverage ratio | -8.7x |
| Cash | CN¥297.85m |
| Equity | CN¥873.35m |
| Total liabilities | CN¥126.81m |
| Total assets | CN¥1.00b |
Recent financial health updates
No updates
Recent updates
Jiangsu Jujie Microfiber Technology Group Co., Ltd. (SZSE:300819) Might Not Be As Mispriced As It Looks
Sep 27
Jiangsu Jujie Microfiber Technology Group (SZSE:300819) Will Pay A Larger Dividend Than Last Year At CN¥0.30
Jun 01Jiangsu Jujie Microfiber Technology Group Co., Ltd. (SZSE:300819) Stock Rockets 28% But Many Are Still Ignoring The Company
May 21The Returns On Capital At Jiangsu Jujie Microfiber Technology Group (SZSE:300819) Don't Inspire Confidence
Apr 17Financial Position Analysis
Short Term Liabilities: 300819's short term assets (CN¥552.6M) exceed its short term liabilities (CN¥117.7M).
Long Term Liabilities: 300819's short term assets (CN¥552.6M) exceed its long term liabilities (CN¥9.1M).
Debt to Equity History and Analysis
Debt Level: 300819 has more cash than its total debt.
Reducing Debt: 300819's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 300819's debt is well covered by operating cash flow (170.2%).
Interest Coverage: 300819 earns more interest than it pays, so coverage of interest payments is not a concern.