Jiangxi Black Cat Carbon BlackLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangxi Black Cat Carbon BlackLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are CN¥8.2B and CN¥5.1B respectively. Jiangxi Black Cat Carbon BlackLtd's EBIT is CN¥38.1M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥434.2M.
Key information
94.6%
Debt to equity ratio
CN¥2.94b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥434.17m |
| Equity | CN¥3.11b |
| Total liabilities | CN¥5.09b |
| Total assets | CN¥8.20b |
Recent financial health updates
These 4 Measures Indicate That Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Is Using Debt Extensively
Nov 22
Here's Why Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Can Afford Some Debt
Jul 31Recent updates
Jiangxi Black Cat Carbon Black Inc.,Ltd (SZSE:002068) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Dec 23These 4 Measures Indicate That Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Is Using Debt Extensively
Nov 22Here's What's Concerning About Jiangxi Black Cat Carbon BlackLtd's (SZSE:002068) Returns On Capital
Oct 24Little Excitement Around Jiangxi Black Cat Carbon Black Inc.,Ltd's (SZSE:002068) Revenues
Sep 26Here's Why Jiangxi Black Cat Carbon BlackLtd (SZSE:002068) Can Afford Some Debt
Jul 31Is There An Opportunity With Jiangxi Black Cat Carbon Black Inc.,Ltd's (SZSE:002068) 43% Undervaluation?
Apr 21Jiangxi Black Cat Carbon Black Inc.,Ltd (SZSE:002068) Shares Fly 29% But Investors Aren't Buying For Growth
Mar 04Financial Position Analysis
Short Term Liabilities: 002068's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 002068's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002068's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: 002068's debt to equity ratio has increased from 72.2% to 94.6% over the past 5 years.
Debt Coverage: 002068's debt is not well covered by operating cash flow (7%).
Interest Coverage: 002068's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 03:41 |
| End of Day Share Price | 2025/01/03 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
Jiangxi Black Cat Carbon Black Inc.,Ltd is covered by 12 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 |
|---|---|
| Quanzhi Lu | Avic Securities Co., Ltd |
| Qiushi Qi | China Minzu Securities |
| Xian Chao Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |