Jiangsu Cnano Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Cnano Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥5.1B and CN¥2.2B respectively. Jiangsu Cnano Technology's EBIT is CN¥298.6M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.2B.
Key information
47.2%
Debt to equity ratio
CN¥1.36b
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.16b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥5.06b |
Recent financial health updates
Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Jun 28
Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Feb 28Recent updates
At CN¥45.79, Is It Time To Put Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) On Your Watch List?
Nov 21Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Stock Rockets 36% But Many Are Still Ignoring The Company
Oct 18Jiangsu Cnano Technology (SHSE:688116) Might Be Having Difficulty Using Its Capital Effectively
Sep 24Fewer Investors Than Expected Jumping On Jiangsu Cnano Technology Co., Ltd. (SHSE:688116)
Sep 01News Flash: 4 Analysts Think Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Earnings Are Under Threat
Aug 13Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Jun 28Jiangsu Cnano Technology (SHSE:688116) Will Want To Turn Around Its Return Trends
Jun 10Jiangsu Cnano Technology's (SHSE:688116) Anemic Earnings Might Be Worse Than You Think
May 03Jiangsu Cnano Technology Co., Ltd.'s (SHSE:688116) Shares Leap 25% Yet They're Still Not Telling The Full Story
Apr 29Is Now The Time To Look At Buying Jiangsu Cnano Technology Co., Ltd. (SHSE:688116)?
Apr 16Jiangsu Cnano Technology Co., Ltd. (SHSE:688116) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 04Jiangsu Cnano Technology (SHSE:688116) Has A Somewhat Strained Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 688116's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥936.3M).
Long Term Liabilities: 688116's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 688116's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 688116's debt to equity ratio has increased from 4.6% to 47.2% over the past 5 years.
Debt Coverage: 688116's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 688116 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 04:56 |
| 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 |
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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
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 Cnano Technology Co., Ltd. is covered by 9 analysts. 6 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 |
|---|---|
| Jun Ma | Changjiang Securities Co. LTD. |
| Tao Zeng | China International Capital Corporation Limited |
| Peng Jiang | China International Capital Corporation Limited |