Jiangsu Boqian New Materials Stock Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Boqian New Materials Stock has a total shareholder equity of CN¥1.5B and total debt of CN¥3.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.8B and CN¥275.2M respectively. Jiangsu Boqian New Materials Stock's EBIT is CN¥30.4M making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥43.1M.
Key information
0.2%
Debt to equity ratio
CN¥3.52m
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥43.13m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥275.16m |
| Total assets | CN¥1.81b |
Recent financial health updates
Recent updates
Returns On Capital At Jiangsu Boqian New Materials Stock (SHSE:605376) Paint A Concerning Picture
Nov 18
A Look At The Fair Value Of Jiangsu Boqian New Materials Stock Co., Ltd. (SHSE:605376)
Oct 23After Leaping 34% Jiangsu Boqian New Materials Stock Co., Ltd. (SHSE:605376) Shares Are Not Flying Under The Radar
Oct 02Here's Why Jiangsu Boqian New Materials Stock (SHSE:605376) Can Afford Some Debt
Jun 05Why Investors Shouldn't Be Surprised By Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) 25% Share Price Surge
Apr 30Investors Interested In Jiangsu Boqian New Materials Stock Co., Ltd.'s (SHSE:605376) Revenues
Feb 27Financial Position Analysis
Short Term Liabilities: 605376's short term assets (CN¥688.8M) exceed its short term liabilities (CN¥210.9M).
Long Term Liabilities: 605376's short term assets (CN¥688.8M) exceed its long term liabilities (CN¥64.3M).
Debt to Equity History and Analysis
Debt Level: 605376 has more cash than its total debt.
Reducing Debt: 605376's debt to equity ratio has reduced from 10.9% to 0.2% over the past 5 years.
Debt Coverage: 605376's debt is well covered by operating cash flow (8973.5%).
Interest Coverage: 605376's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 16:39 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Jiangsu Boqian New Materials Stock Co., Ltd. is covered by 4 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 |
|---|---|
| Nick Zheng | Goldman Sachs |
| Zu Xue Qiu | Minsheng Securities Co. |
| Cheng Yang | Tianfeng Securities Brokerage Co., Ltd |