Zhejiang JIULI Hi-tech Metals Co.,Ltd

SZSE:002318 Stock Report

Market Cap: CN¥22.8b

Zhejiang JIULI Hi-tech MetalsLtd Balance Sheet Health

Financial Health criteria checks 6/6

Zhejiang JIULI Hi-tech MetalsLtd has a total shareholder equity of CN¥7.8B and total debt of CN¥793.7M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are CN¥14.0B and CN¥6.1B respectively. Zhejiang JIULI Hi-tech MetalsLtd's EBIT is CN¥1.5B making its interest coverage ratio -12.8. It has cash and short-term investments of CN¥3.4B.

Key information

10.2%

Debt to equity ratio

CN¥793.74m

Debt

Interest coverage ratio-12.8x
CashCN¥3.37b
EquityCN¥7.82b
Total liabilitiesCN¥6.13b
Total assetsCN¥13.95b

Recent financial health updates

Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Using Too Much Debt?

Oct 09
Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Using Too Much Debt?

These 4 Measures Indicate That Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Using Debt Safely

Jun 12
These 4 Measures Indicate That Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Using Debt Safely

Recent updates

The Return Trends At Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Look Promising

Nov 19
The Return Trends At Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Look Promising

Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Using Too Much Debt?

Oct 09
Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Using Too Much Debt?

There's No Escaping Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Muted Earnings

Sep 20
There's No Escaping Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Muted Earnings

Here's Why We Think Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Well Worth Watching

Aug 23
Here's Why We Think Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Well Worth Watching

Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Experiencing Growth In Returns On Capital

Jul 17
Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Experiencing Growth In Returns On Capital

These 4 Measures Indicate That Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Using Debt Safely

Jun 12
These 4 Measures Indicate That Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Using Debt Safely

Zhejiang JIULI Hi-tech Metals Co.,Ltd Just Recorded A 21% Revenue Beat: Here's What Analysts Think

May 02
Zhejiang JIULI Hi-tech Metals Co.,Ltd Just Recorded A 21% Revenue Beat: Here's What Analysts Think

Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Prospects Need A Boost To Lift Shares

Apr 03
Zhejiang JIULI Hi-tech Metals Co.,Ltd's (SZSE:002318) Prospects Need A Boost To Lift Shares

Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Doing The Right Things To Multiply Its Share Price

Mar 15
Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Is Doing The Right Things To Multiply Its Share Price

We Ran A Stock Scan For Earnings Growth And Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Passed With Ease

Feb 29
We Ran A Stock Scan For Earnings Growth And Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) Passed With Ease

Financial Position Analysis

Short Term Liabilities: 002318's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥5.7B).

Long Term Liabilities: 002318's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥403.7M).

Debt to Equity History and Analysis

Debt Level: 002318 has more cash than its total debt.

Reducing Debt: 002318's debt to equity ratio has reduced from 26.5% to 10.2% over the past 5 years.

Debt Coverage: 002318's debt is well covered by operating cash flow (218.3%).

Interest Coverage: 002318 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 16:38
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Zhejiang JIULI Hi-tech Metals Co.,Ltd is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuanrui LiuChangjiang Securities Co. LTD.
You You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)
Ada WangChina Stock Investment Research Co. Ltd. (GZ500..com)