Jiangsu Skyray Instrument Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Skyray Instrument has a total shareholder equity of CN¥1.4B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are CN¥3.6B and CN¥2.2B respectively.
Key information
96.2%
Debt to equity ratio
CN¥1.38b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥116.07m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥2.20b |
| Total assets | CN¥3.63b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) Revenues As Shares Take 27% Pounding
Jan 01
Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Shares Fly 40% But Investors Aren't Buying For Growth
Sep 30Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Held Back By Insufficient Growth Even After Shares Climb 30%
Aug 15Jiangsu Skyray Instrument Co., Ltd. (SZSE:300165) Not Doing Enough For Some Investors As Its Shares Slump 30%
Jun 04Why Investors Shouldn't Be Surprised By Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) 28% Share Price Plunge
Apr 17Returns On Capital At Jiangsu Skyray Instrument (SZSE:300165) Paint A Concerning Picture
Apr 15Jiangsu Skyray Instrument Co., Ltd.'s (SZSE:300165) Business And Shares Still Trailing The Industry
Feb 27Financial Position Analysis
Short Term Liabilities: 300165's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 300165's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300165's net debt to equity ratio (88%) is considered high.
Reducing Debt: 300165's debt to equity ratio has increased from 4.5% to 96.2% over the past 5 years.
Debt Coverage: 300165's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: Insufficient data to determine if 300165's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/12 09:29 |
| End of Day Share Price | 2025/02/12 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.
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 Github.
Analyst Sources
Jiangsu Skyray Instrument Co., Ltd. is covered by 3 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 |
|---|---|
| Junjie Huang | China Investment Securities |
| Shang Wen Cheng | Industrial Securities Co. Ltd. |
| Qianqian Liu | TX Investment Consulting Co., Ltd. |