Zhejiang Jianye Chemical Co., Ltd.

SHSE:603948 Stock Report

Market Cap: CN¥3.4b

Zhejiang Jianye Chemical Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang Jianye Chemical has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥635.2M respectively. Zhejiang Jianye Chemical's EBIT is CN¥355.8M making its interest coverage ratio -19.9. It has cash and short-term investments of CN¥980.3M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-19.9x
CashCN¥980.32m
EquityCN¥2.02b
Total liabilitiesCN¥635.24m
Total assetsCN¥2.65b

Recent financial health updates

No updates

Recent updates

Zhejiang Jianye Chemical Co., Ltd.'s (SHSE:603948) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 06
Zhejiang Jianye Chemical Co., Ltd.'s (SHSE:603948) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Financial Position Analysis

Short Term Liabilities: 603948's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥576.6M).

Long Term Liabilities: 603948's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥58.6M).


Debt to Equity History and Analysis

Debt Level: 603948 is debt free.

Reducing Debt: 603948 has no debt compared to 5 years ago when its debt to equity ratio was 17.6%.

Debt Coverage: 603948 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603948 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.