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
No updates
Recent updates
We Think That There Are More Issues For Jiangsu Wujin Stainless Steel Pipe GroupLTD (SHSE:603878) Than Just Sluggish Earnings
Nov 04
Insufficient 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.