Jiangxi Selon Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Jiangxi Selon Industrial has a total shareholder equity of CN¥1.3B and total debt of CN¥379.2M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥2.3B and CN¥942.4M respectively. Jiangxi Selon Industrial's EBIT is CN¥77.8M making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥233.1M.
Key information
28.3%
Debt to equity ratio
CN¥379.25m
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥233.06m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥942.40m |
| Total assets | CN¥2.28b |
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 24
Investors 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¥944.2M) exceed its short term liabilities (CN¥871.5M).
Long Term Liabilities: 002748's short term assets (CN¥944.2M) exceed its long term liabilities (CN¥70.9M).
Debt to Equity History and Analysis
Debt Level: 002748's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 002748's debt to equity ratio has increased from 23.6% to 28.3% over the past 5 years.
Debt Coverage: 002748's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 002748's interest payments on its debt are well covered by EBIT (6.8x coverage).