Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd has a total shareholder equity of CN¥7.1B and total debt of CN¥551.9M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥14.4B and CN¥7.4B respectively. Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's EBIT is CN¥905.3M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥2.2B.
Key information
7.8%
Debt to equity ratio
CN¥551.93m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CN¥2.21b |
| Equity | CN¥7.07b |
| Total liabilities | CN¥7.37b |
| Total assets | CN¥14.44b |
Recent financial health updates
Does Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Have A Healthy Balance Sheet?
Dec 02
Is Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Using Too Much Debt?
Jun 12Recent updates
Does Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Have A Healthy Balance Sheet?
Dec 02Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's (SHSE:601952) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 04Investors Aren't Buying Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.'s (SHSE:601952) Earnings
Oct 03Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Hasn't Managed To Accelerate Its Returns
Aug 12Is Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Using Too Much Debt?
Jun 12Is Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd. (SHSE:601952) Worth CN¥10.0 Based On Its Intrinsic Value?
May 23Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd's (SHSE:601952) Conservative Accounting Might Explain Soft Earnings
Apr 25Little Excitement Around Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.'s (SHSE:601952) Earnings
Apr 16Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Has Some Way To Go To Become A Multi-Bagger
Mar 21Financial Position Analysis
Short Term Liabilities: 601952's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 601952's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 601952 has more cash than its total debt.
Reducing Debt: 601952's debt to equity ratio has increased from 3.8% to 7.8% over the past 5 years.
Debt Coverage: 601952's debt is well covered by operating cash flow (301.1%).
Interest Coverage: 601952's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 20:05 |
| End of Day Share Price | 2024/12/18 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Provincial Agricultural Reclamation and Development Co.,Ltd. is covered by 10 analysts. 2 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Siyang Wang | China International Capital Corporation Limited |
| Weihua Zhu | China Merchants Securities Co. Ltd. |