Jiangsu Fasten Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Fasten has a total shareholder equity of CN¥176.3M and total debt of CN¥809.9M, which brings its debt-to-equity ratio to 459.4%. Its total assets and total liabilities are CN¥1.2B and CN¥1.0B respectively.
Key information
459.4%
Debt to equity ratio
CN¥809.95m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥70.97m |
| Equity | CN¥176.29m |
| Total liabilities | CN¥1.02b |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Recent updates
Jiangsu Fasten Company Limited (SZSE:000890) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Nov 11
Revenues Not Telling The Story For Jiangsu Fasten Company Limited (SZSE:000890) After Shares Rise 25%
Sep 26Jiangsu Fasten Company Limited's (SZSE:000890) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 05Why Investors Shouldn't Be Surprised By Jiangsu Fasten Company Limited's (SZSE:000890) 46% Share Price Surge
Mar 08Financial Position Analysis
Short Term Liabilities: 000890's short term assets (CN¥545.2M) do not cover its short term liabilities (CN¥958.7M).
Long Term Liabilities: 000890's short term assets (CN¥545.2M) exceed its long term liabilities (CN¥59.8M).
Debt to Equity History and Analysis
Debt Level: 000890's net debt to equity ratio (419.2%) is considered high.
Reducing Debt: 000890's debt to equity ratio has reduced from 986.9% to 459.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 000890 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000890 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 43.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 06:19 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Fasten Company Limited is covered by 3 analysts. 0 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 |
|---|---|
| He Tao Wang | Changjiang Securities Co. LTD. |
| Fu Chen | Guosen Securities Co., Ltd. |
| Xiuxin Nie | Ping An Securities Co. Ltd. |