Jiangsu Wujin Stainless Steel Pipe GroupLTD Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Wujin Stainless Steel Pipe GroupLTD has a total shareholder equity of CN¥2.7B and total debt of CN¥385.9M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥4.0B and CN¥1.3B respectively. Jiangsu Wujin Stainless Steel Pipe GroupLTD's EBIT is CN¥263.9M making its interest coverage ratio -112.7. It has cash and short-term investments of CN¥911.9M.
Key information
14.5%
Debt to equity ratio
CN¥385.93m
Debt
Interest coverage ratio | -112.7x |
Cash | CN¥911.90m |
Equity | CN¥2.67b |
Total liabilities | CN¥1.30b |
Total assets | CN¥3.96b |
Recent financial health updates
We Think Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Can Stay On Top Of Its Debt
Nov 21Recent updates
We Think Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Can Stay On Top Of Its Debt
Nov 21We Think That There Are More Issues For Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Than Just Sluggish Earnings
Nov 04Insufficient Growth At Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Hampers Share Price
Sep 27News Flash: 2 Analysts Think Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Earnings Are Under Threat
Aug 29Jiangsu Wujin Stainless Steel Pipe GroupLTD's (SHSE:603878) Promising Earnings May Rest On Soft Foundations
May 05The Market Lifts Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878) Shares 26% But It Can Do More
Apr 10A Look At The Intrinsic Value Of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHSE:603878)
Mar 20Financial Position Analysis
Short Term Liabilities: 603878's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥950.3M).
Long Term Liabilities: 603878's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥345.0M).
Debt to Equity History and Analysis
Debt Level: 603878 has more cash than its total debt.
Reducing Debt: 603878's debt to equity ratio has increased from 7.8% to 14.5% over the past 5 years.
Debt Coverage: 603878's debt is well covered by operating cash flow (133.9%).
Interest Coverage: 603878 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) |
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Company Analysis | 2024/12/24 03:46 |
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 * |
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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
Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. is covered by 4 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 |
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Bin Li | Huatai Research |
Han Xuan Qiu | Huatai Research |
Zhiqiang Ren | Industrial Securities Co. Ltd. |