Jiangyin Haida Rubber And Plastic Balance Sheet Health
Financial Health criteria checks 6/6
Jiangyin Haida Rubber And Plastic has a total shareholder equity of CN¥2.3B and total debt of CN¥369.8M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥3.6B and CN¥1.3B respectively. Jiangyin Haida Rubber And Plastic's EBIT is CN¥205.1M making its interest coverage ratio 18.3. It has cash and short-term investments of CN¥168.9M.
Key information
15.9%
Debt to equity ratio
CN¥369.84m
Debt
| Interest coverage ratio | 18.3x |
| Cash | CN¥168.89m |
| Equity | CN¥2.33b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥3.65b |
Recent financial health updates
Is Jiangyin Haida Rubber And Plastic (SZSE:300320) A Risky Investment?
Oct 15
These 4 Measures Indicate That Jiangyin Haida Rubber And Plastic (SZSE:300320) Is Using Debt Reasonably Well
Apr 23Recent updates
Subdued Growth No Barrier To Jiangyin Haida Rubber And Plastic Co., Ltd. (SZSE:300320) With Shares Advancing 30%
Nov 11Is Jiangyin Haida Rubber And Plastic (SZSE:300320) A Risky Investment?
Oct 15Risks To Shareholder Returns Are Elevated At These Prices For Jiangyin Haida Rubber And Plastic Co., Ltd. (SZSE:300320)
Sep 25Jiangyin Haida Rubber And Plastic Co., Ltd.'s (SZSE:300320) 29% Price Boost Is Out Of Tune With Earnings
May 13These 4 Measures Indicate That Jiangyin Haida Rubber And Plastic (SZSE:300320) Is Using Debt Reasonably Well
Apr 23Jiangyin Haida Rubber And Plastic Co., Ltd.'s (SZSE:300320) 27% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 300320's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300320's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥132.3M).
Debt to Equity History and Analysis
Debt Level: 300320's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 300320's debt to equity ratio has reduced from 24% to 15.9% over the past 5 years.
Debt Coverage: 300320's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 300320's interest payments on its debt are well covered by EBIT (18.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:55 |
| End of Day Share Price | 2024/12/20 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
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Analyst Sources
Jiangyin Haida Rubber And Plastic Co., Ltd. is covered by 3 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 |
|---|---|
| Jun Liu | Changjiang Securities Co. LTD. |
| Qiang Pu | Ping An Securities Co. Ltd. |
| Zhengyang Ni | Topsperity Securities |