Yongjin Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Yongjin Technology Group has a total shareholder equity of CN¥6.5B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are CN¥15.2B and CN¥8.7B respectively. Yongjin Technology Group's EBIT is CN¥1.2B making its interest coverage ratio 10.2. It has cash and short-term investments of CN¥1.4B.
Key information
61.4%
Debt to equity ratio
CN¥4.01b
Debt
| Interest coverage ratio | 10.2x |
| Cash | CN¥1.43b |
| Equity | CN¥6.54b |
| Total liabilities | CN¥8.69b |
| Total assets | CN¥15.23b |
Recent financial health updates
Is Yongjin Technology Group (SHSE:603995) A Risky Investment?
Sep 24
We Think Yongjin Technology Group (SHSE:603995) Is Taking Some Risk With Its Debt
Mar 26Recent updates
Yongjin Technology Group's (SHSE:603995) Earnings Are Of Questionable Quality
Nov 05Is Yongjin Technology Group (SHSE:603995) A Risky Investment?
Sep 24Yongjin Technology Group (SHSE:603995) Will Be Hoping To Turn Its Returns On Capital Around
Jul 25Why Investors Shouldn't Be Surprised By Yongjin Technology Group Co., Ltd.'s (SHSE:603995) Low P/E
Jun 05We Think That There Are More Issues For Yongjin Technology Group (SHSE:603995) Than Just Sluggish Earnings
Apr 23We Think Yongjin Technology Group (SHSE:603995) Is Taking Some Risk With Its Debt
Mar 26Financial Position Analysis
Short Term Liabilities: 603995's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 603995's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603995's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: 603995's debt to equity ratio has increased from 21.9% to 61.4% over the past 5 years.
Debt Coverage: 603995's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 603995's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:36 |
| End of Day Share Price | 2024/12/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yongjin Technology Group Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Han Xuan Qiu | Huatai Research |
| Fuyang Lai | Industrial Securities Co. Ltd. |
| Zu Xue Qiu | Minsheng Securities Co. |