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¥2.9B and total debt of CN¥457.1M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥4.2B and CN¥1.4B respectively. Jiangsu Wujin Stainless Steel Pipe GroupLTD's EBIT is CN¥378.9M making its interest coverage ratio -599.4. It has cash and short-term investments of CN¥1.1B.
Key information
15.9%
Debt to equity ratio
CN¥457.11m
Debt
| Interest coverage ratio | -599.4x |
| Cash | CN¥1.08b |
| Equity | CN¥2.87b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥4.24b |
Recent financial health updates
No updates
Recent updates
Jiangsu Wujin Stainless Steel Pipe GroupLTD's (SHSE:603878) Promising Earnings May Rest On Soft Foundations
May 05
The 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¥3.2B) exceed its short term liabilities (CN¥953.1M).
Long Term Liabilities: 603878's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥422.1M).
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 7.4% to 15.9% over the past 5 years.
Debt Coverage: 603878's debt is well covered by operating cash flow (71.3%).
Interest Coverage: 603878 earns more interest than it pays, so coverage of interest payments is not a concern.