Jiangsu Lidao New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu Lidao New Materials has a total shareholder equity of CN¥1.6B and total debt of CN¥260.9M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥2.6B and CN¥954.6M respectively. Jiangsu Lidao New Materials's EBIT is CN¥4.8M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥218.3M.
Key information
16.1%
Debt to equity ratio
CN¥260.86m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥218.35m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥954.56m |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
Jiangsu Lidao New Materials' (SHSE:603937) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04
Why Jiangsu Lidao New Materials' (SHSE:603937) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 12Jiangsu Lidao New Materials Co., Ltd. (SHSE:603937) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Mar 08Financial Position Analysis
Short Term Liabilities: 603937's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥569.2M).
Long Term Liabilities: 603937's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥385.4M).
Debt to Equity History and Analysis
Debt Level: 603937's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 603937's debt to equity ratio has increased from 0.7% to 16.1% over the past 5 years.
Debt Coverage: 603937's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603937's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 07:34 |
| End of Day Share Price | 2024/12/27 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
Jiangsu Lidao New Materials Co., Ltd. is covered by 0 analysts. 0 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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