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¥871.4M and total debt of CN¥28.7M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥1.0B and CN¥129.0M respectively. Jiangsu Jujie Microfiber Technology Group's EBIT is CN¥48.2M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥253.4M.
Key information
3.3%
Debt to equity ratio
CN¥28.71m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥253.36m |
| Equity | CN¥871.38m |
| Total liabilities | CN¥129.04m |
| Total assets | CN¥1.00b |
Recent financial health updates
No updates
Recent updates
Jiangsu Jujie Microfiber Technology Group (SZSE:300819) Will Pay A Larger Dividend Than Last Year At CN¥0.30
Jun 01
Jiangsu 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¥541.2M) exceed its short term liabilities (CN¥119.6M).
Long Term Liabilities: 300819's short term assets (CN¥541.2M) exceed its long term liabilities (CN¥9.4M).
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 3.3% over the past 5 years.
Debt Coverage: 300819's debt is well covered by operating cash flow (271.6%).
Interest Coverage: 300819 earns more interest than it pays, so coverage of interest payments is not a concern.