Luoyang Jianlong Micro-nano New Material Balance Sheet Health
Financial Health criteria checks 4/6
Luoyang Jianlong Micro-nano New Material has a total shareholder equity of CN¥1.8B and total debt of CN¥680.3M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are CN¥3.0B and CN¥1.2B respectively. Luoyang Jianlong Micro-nano New Material's EBIT is CN¥99.1M making its interest coverage ratio 29.8. It has cash and short-term investments of CN¥876.4M.
Key information
37.5%
Debt to equity ratio
CN¥680.25m
Debt
| Interest coverage ratio | 29.8x |
| Cash | CN¥876.41m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥2.97b |
Recent financial health updates
No updates
Recent updates
Luoyang Jianlong Micro-nano New Material Co., Ltd (SHSE:688357) Stock Catapults 38% Though Its Price And Business Still Lag The Market
Oct 07
Investors Could Be Concerned With Luoyang Jianlong Micro-nano New Material's (SHSE:688357) Returns On Capital
Oct 01Luoyang Jianlong Micro-nano New Material Co., Ltd's (SHSE:688357) Analyst Just Slashed This Year's Estimates
Sep 04Time To Worry? Analysts Are Downgrading Their Luoyang Jianlong Micro-nano New Material Co., Ltd (SHSE:688357) Outlook
Apr 24The Returns On Capital At Luoyang Jianlong Micro-nano New Material (SHSE:688357) Don't Inspire Confidence
Apr 17Financial Position Analysis
Short Term Liabilities: 688357's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥472.2M).
Long Term Liabilities: 688357's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥679.7M).
Debt to Equity History and Analysis
Debt Level: 688357 has more cash than its total debt.
Reducing Debt: 688357's debt to equity ratio has increased from 22.4% to 37.5% over the past 5 years.
Debt Coverage: 688357's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688357's interest payments on its debt are well covered by EBIT (29.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:13 |
| End of Day Share Price | 2024/12/24 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
Luoyang Jianlong Micro-nano New Material Co., Ltd is covered by 4 analysts. 1 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 |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |
| Zhiyang Zhang | Industrial Securities Co. Ltd. |