Jiangxi Selon Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Jiangxi Selon Industrial has a total shareholder equity of CN¥1.3B and total debt of CN¥352.3M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are CN¥2.2B and CN¥856.8M respectively. Jiangxi Selon Industrial's EBIT is CN¥18.8M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥168.6M.
Key information
26.4%
Debt to equity ratio
CN¥352.30m
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥168.64m |
Equity | CN¥1.33b |
Total liabilities | CN¥856.79m |
Total assets | CN¥2.19b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Jiangxi Selon Industrial Co., Ltd.'s (SZSE:002748) Tunnel And Push Stock Down 25%
May 24Investors Met With Slowing Returns on Capital At Jiangxi Selon Industrial (SZSE:002748)
Apr 04What Jiangxi Selon Industrial Co., Ltd.'s (SZSE:002748) 36% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 002748's short term assets (CN¥887.2M) exceed its short term liabilities (CN¥802.0M).
Long Term Liabilities: 002748's short term assets (CN¥887.2M) exceed its long term liabilities (CN¥54.8M).
Debt to Equity History and Analysis
Debt Level: 002748's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: 002748's debt to equity ratio has increased from 21.6% to 26.4% over the past 5 years.
Debt Coverage: 002748's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 002748's interest payments on its debt are not well covered by EBIT (1.6x coverage).