Jiangsu Baichuan High-Tech New Materials Balance Sheet Health
Financial Health criteria checks 1/6
Jiangsu Baichuan High-Tech New Materials has a total shareholder equity of CN¥2.4B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 290.3%. Its total assets and total liabilities are CN¥12.0B and CN¥9.6B respectively.
Key information
290.3%
Debt to equity ratio
CN¥6.84b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥949.17m |
| Equity | CN¥2.36b |
| Total liabilities | CN¥9.64b |
| Total assets | CN¥12.00b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Jiangsu Baichuan High-Tech New Materials Co., Ltd's (SZSE:002455) Low P/S
Oct 05
Benign Growth For Jiangsu Baichuan High-Tech New Materials Co., Ltd (SZSE:002455) Underpins Stock's 25% Plummet
Jun 28Does Jiangsu Baichuan High-Tech New Materials (SZSE:002455) Have A Healthy Balance Sheet?
Jun 05Further Upside For Jiangsu Baichuan High-Tech New Materials Co., Ltd (SZSE:002455) Shares Could Introduce Price Risks After 43% Bounce
Apr 22Jiangsu Baichuan High-Tech New Materials Co., Ltd's (SZSE:002455) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 07Investors Could Be Concerned With Jiangsu Baichuan High-Tech New Materials' (SZSE:002455) Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 002455's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥6.7B).
Long Term Liabilities: 002455's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 002455's net debt to equity ratio (250%) is considered high.
Reducing Debt: 002455's debt to equity ratio has increased from 82.1% to 290.3% over the past 5 years.
Debt Coverage: 002455's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: Insufficient data to determine if 002455's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:53 |
| End of Day Share Price | 2024/12/18 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 Baichuan High-Tech New Materials Co., Ltd is covered by 0 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 |
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