Jiangsu Nata Opto-electronic Material Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Nata Opto-electronic Material has a total shareholder equity of CN¥2.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are CN¥5.5B and CN¥2.9B respectively. Jiangsu Nata Opto-electronic Material's EBIT is CN¥196.1M making its interest coverage ratio 12. It has cash and short-term investments of CN¥1.6B.
Key information
51.3%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | 12x |
| Cash | CN¥1.59b |
| Equity | CN¥2.59b |
| Total liabilities | CN¥2.95b |
| Total assets | CN¥5.53b |
Recent financial health updates
Recent updates
Investors Met With Slowing Returns on Capital At Jiangsu Nata Opto-electronic Material (SZSE:300346)
Aug 27
Investors Appear Satisfied With Jiangsu Nata Opto-electronic Material Co., Ltd.'s (SZSE:300346) Prospects As Shares Rocket 30%
Jun 11Jiangsu Nata Opto-electronic Material (SZSE:300346) Hasn't Managed To Accelerate Its Returns
May 29Jiangsu Nata Opto-electronic Material's (SZSE:300346) Anemic Earnings Might Be Worse Than You Think
May 02Jiangsu Nata Opto-electronic Material Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 14Why Investors Shouldn't Be Surprised By Jiangsu Nata Opto-electronic Material Co., Ltd.'s (SZSE:300346) 36% Share Price Surge
Mar 04Jiangsu Nata Opto-electronic Material (SZSE:300346) Has A Somewhat Strained Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 300346's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300346's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300346 has more cash than its total debt.
Reducing Debt: 300346's debt to equity ratio has increased from 0% to 51.3% over the past 5 years.
Debt Coverage: 300346's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 300346's interest payments on its debt are well covered by EBIT (12x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:09 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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 Nata Opto-electronic Material Co., Ltd. is covered by 10 analysts. 3 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Ce Zhou | Chasing Securities |
| Fan Yan | China Merchants Securities Co. Ltd. |