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¥2.3B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 243.4%. Its total assets and total liabilities are CN¥12.4B and CN¥10.1B respectively. Jiangsu Baichuan High-Tech New Materials's EBIT is CN¥136.0M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥1.1B.
Key information
243.37%
Debt to equity ratio
CN¥5.62b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥1.14b |
| Equity | CN¥2.31b |
| Total liabilities | CN¥10.06b |
| Total assets | CN¥12.37b |
Recent financial health updates
Recent updates
Jiangsu Baichuan High-Tech New Materials' (SZSE:002455) Earnings May Just Be The Starting Point
Mar 26
Why Investors Shouldn't Be Surprised By Jiangsu Baichuan High-Tech New Materials Co., Ltd's (SZSE:002455) Low P/S
Oct 05Benign 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¥7.6B).
Long Term Liabilities: 002455's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 002455's net debt to equity ratio (194%) is considered high.
Reducing Debt: 002455's debt to equity ratio has increased from 90% to 243.4% over the past 5 years.
Debt Coverage: 002455's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 002455's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 14:43 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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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.