Nantong Jiangshan Agrochemical & ChemicalsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nantong Jiangshan Agrochemical & ChemicalsLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are CN¥7.6B and CN¥3.6B respectively. Nantong Jiangshan Agrochemical & ChemicalsLtd's EBIT is CN¥110.5M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥2.4B.
Key information
32.2%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥2.39b |
| Equity | CN¥3.95b |
| Total liabilities | CN¥3.64b |
| Total assets | CN¥7.59b |
Recent financial health updates
Recent updates
Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) Earnings Quality Is Low
Oct 29
Investors Continue Waiting On Sidelines For Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (SHSE:600389)
Aug 27Here's Why Nantong Jiangshan Agrochemical & ChemicalsLtd (SHSE:600389) Can Manage Its Debt Responsibly
Jul 25There Are Reasons To Feel Uneasy About Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) Returns On Capital
Jun 28Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) Anemic Earnings Might Be Worse Than You Think
Apr 29Fewer Investors Than Expected Jumping On Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (SHSE:600389)
Apr 16Financial Position Analysis
Short Term Liabilities: 600389's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 600389's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600389 has more cash than its total debt.
Reducing Debt: 600389's debt to equity ratio has increased from 30.6% to 32.2% over the past 5 years.
Debt Coverage: 600389's debt is well covered by operating cash flow (32.8%).
Interest Coverage: 600389 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 | 2024/12/24 12:21 |
| End of Day Share Price | 2024/12/24 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
Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. is covered by 6 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |