Guangdong JingYi MetalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong JingYi MetalLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥428.0M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are CN¥2.0B and CN¥671.0M respectively. Guangdong JingYi MetalLtd's EBIT is CN¥35.0M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥218.0M.
Key information
31.6%
Debt to equity ratio
CN¥428.00m
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥218.00m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥671.01m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Guangdong JingYi MetalLtd (SZSE:002295)
Nov 06
Risks To Shareholder Returns Are Elevated At These Prices For Guangdong JingYi Metal CO.,Ltd (SZSE:002295)
Oct 31Guangdong JingYi MetalLtd (SZSE:002295) Will Be Hoping To Turn Its Returns On Capital Around
Jun 05Guangdong JingYi Metal CO.,Ltd (SZSE:002295) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
May 13We Think You Should Be Aware Of Some Concerning Factors In Guangdong JingYi MetalLtd's (SZSE:002295) Earnings
May 07Guangdong JingYi Metal CO.,Ltd's (SZSE:002295) Shares Climb 42% But Its Business Is Yet to Catch Up
Mar 08Financial Position Analysis
Short Term Liabilities: 002295's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥569.4M).
Long Term Liabilities: 002295's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥101.6M).
Debt to Equity History and Analysis
Debt Level: 002295's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 002295's debt to equity ratio has reduced from 53.3% to 31.6% over the past 5 years.
Debt Coverage: 002295's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 002295's interest payments on its debt are not well covered by EBIT (1.9x coverage).