Jiangyin Jianghua Microelectronics Materials Balance Sheet Health
Financial Health criteria checks 4/6
Jiangyin Jianghua Microelectronics Materials has a total shareholder equity of CN¥1.9B and total debt of CN¥615.2M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are CN¥2.7B and CN¥832.2M respectively. Jiangyin Jianghua Microelectronics Materials's EBIT is CN¥74.7M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥735.2M.
Key information
32.6%
Debt to equity ratio
CN¥615.21m
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥735.19m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥832.23m |
| Total assets | CN¥2.72b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With Jiangyin Jianghua Microelectronics Materials' (SHSE:603078) Returns On Capital
Dec 17
Jiangyin Jianghua Microelectronics Materials (SHSE:603078) Has A Pretty Healthy Balance Sheet
Nov 29Market Participants Recognise Jiangyin Jianghua Microelectronics Materials Co., Ltd's (SHSE:603078) Earnings Pushing Shares 29% Higher
Nov 11With Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) It Looks Like You'll Get What You Pay For
Jun 26Bearish: Analysts Just Cut Their Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) Revenue and EPS estimates
Mar 21Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) Looks Just Right With A 34% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 603078's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥524.8M).
Long Term Liabilities: 603078's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥307.4M).
Debt to Equity History and Analysis
Debt Level: 603078 has more cash than its total debt.
Reducing Debt: 603078's debt to equity ratio has increased from 31.1% to 32.6% over the past 5 years.
Debt Coverage: 603078's debt is not well covered by operating cash flow (14%).
Interest Coverage: 603078 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 | 2024/12/23 17:11 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Jiangyin Jianghua Microelectronics Materials Co., Ltd is covered by 6 analysts. 4 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 |
|---|---|
| Fan Yan | China Merchants Securities Co. Ltd. |
| Chao Li | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |