Anhui Jiangnan Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Jiangnan Chemical IndustryLtd has a total shareholder equity of CN¥10.6B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥17.8B and CN¥7.1B respectively. Anhui Jiangnan Chemical IndustryLtd's EBIT is CN¥1.4B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥2.2B.
Key information
42.9%
Debt to equity ratio
CN¥4.57b
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥2.21b |
| Equity | CN¥10.64b |
| Total liabilities | CN¥7.13b |
| Total assets | CN¥17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002226's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002226's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002226's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: 002226's debt to equity ratio has reduced from 56.9% to 42.9% over the past 5 years.
Debt Coverage: 002226's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 002226's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:53 |
| End of Day Share Price | 2024/12/26 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
Anhui Jiangnan Chemical Industry Co.,Ltd. is covered by 10 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 |
|---|---|
| Xiang Zhang | Changjiang Securities Co. LTD. |
| Tai Ma | China Merchants Securities Co. Ltd. |
| Xian Chao Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |