Jiangxi Sanxin MedtecLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Sanxin MedtecLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥277.8M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥2.2B and CN¥829.9M respectively. Jiangxi Sanxin MedtecLtd's EBIT is CN¥238.0M making its interest coverage ratio -30.8. It has cash and short-term investments of CN¥404.1M.
Key information
20.9%
Debt to equity ratio
CN¥277.82m
Debt
| Interest coverage ratio | -30.8x |
| Cash | CN¥404.12m |
| Equity | CN¥1.33b |
| Total liabilities | CN¥829.86m |
| Total assets | CN¥2.16b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Jiangxi Sanxin MedtecLtd's (SZSE:300453) Earnings
Oct 21
Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Oct 08Returns Are Gaining Momentum At Jiangxi Sanxin MedtecLtd (SZSE:300453)
Sep 30Jiangxi Sanxin MedtecLtd (SZSE:300453) Is Due To Pay A Dividend Of CN¥0.15
Apr 23Jiangxi Sanxin Medtec Co.,Ltd.'s (SZSE:300453) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 04Concerns Surrounding Jiangxi Sanxin MedtecLtd's (SZSE:300453) Performance
Mar 29Financial Position Analysis
Short Term Liabilities: 300453's short term assets (CN¥735.2M) exceed its short term liabilities (CN¥560.4M).
Long Term Liabilities: 300453's short term assets (CN¥735.2M) exceed its long term liabilities (CN¥269.5M).
Debt to Equity History and Analysis
Debt Level: 300453 has more cash than its total debt.
Reducing Debt: 300453's debt to equity ratio has reduced from 26.4% to 20.9% over the past 5 years.
Debt Coverage: 300453's debt is well covered by operating cash flow (163.3%).
Interest Coverage: 300453 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 | 2024/12/28 23:41 |
| 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
Jiangxi Sanxin Medtec 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 |
|---|---|
| Jin Ju Sun | Guotai Junan Securities |