Jilin Chemical Fibre StockLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jilin Chemical Fibre StockLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are CN¥10.9B and CN¥6.5B respectively. Jilin Chemical Fibre StockLtd's EBIT is CN¥270.4M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥728.0M.
Key information
82.9%
Debt to equity ratio
CN¥3.63b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥727.96m |
| Equity | CN¥4.39b |
| Total liabilities | CN¥6.47b |
| Total assets | CN¥10.85b |
Recent financial health updates
Recent updates
Jilin Chemical Fibre StockLtd (SZSE:000420) Will Want To Turn Around Its Return Trends
Jul 30
We Think Jilin Chemical Fibre StockLtd (SZSE:000420) Is Taking Some Risk With Its Debt
May 27We Think Jilin Chemical Fibre StockLtd's (SZSE:000420) Robust Earnings Are Conservative
May 05Here's What's Concerning About Jilin Chemical Fibre StockLtd's (SZSE:000420) Returns On Capital
Apr 17Investors Still Aren't Entirely Convinced By Jilin Chemical Fibre Stock Co.,Ltd's (SZSE:000420) Revenues Despite 30% Price Jump
Mar 21Financial Position Analysis
Short Term Liabilities: 000420's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 000420's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000420's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: 000420's debt to equity ratio has increased from 67% to 82.9% over the past 5 years.
Debt Coverage: 000420's debt is not well covered by operating cash flow (11%).
Interest Coverage: 000420's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jilin Chemical Fibre Stock Co.,Ltd is covered by 5 analysts. 2 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 |
|---|---|
| Qiushi Qi | China Minzu Securities |
| Zhe Wang | Citic Securities Co., Ltd. |
| Jianbo Yuan | Donghai Securities Co. Ltd. |