Nanjing Julong Science & TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Nanjing Julong Science & TechnologyLTD has a total shareholder equity of CN¥895.6M and total debt of CN¥519.4M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are CN¥2.0B and CN¥1.1B respectively. Nanjing Julong Science & TechnologyLTD's EBIT is CN¥130.0M making its interest coverage ratio -82. It has cash and short-term investments of CN¥228.2M.
Key information
58.0%
Debt to equity ratio
CN¥519.36m
Debt
| Interest coverage ratio | -82x |
| Cash | CN¥228.21m |
| Equity | CN¥895.59m |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Nanjing Julong Science & Technology Co.,LTD's (SZSE:300644) Massive 35% Price Jump
Apr 25
There's Been No Shortage Of Growth Recently For Nanjing Julong Science & TechnologyLTD's (SZSE:300644) Returns On Capital
Apr 02Nanjing Julong Science & Technology Co.,LTD (SZSE:300644) Held Back By Insufficient Growth Even After Shares Climb 32%
Mar 08Financial Position Analysis
Short Term Liabilities: 300644's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥910.4M).
Long Term Liabilities: 300644's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥238.2M).
Debt to Equity History and Analysis
Debt Level: 300644's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 300644's debt to equity ratio has increased from 16.1% to 58% over the past 5 years.
Debt Coverage: 300644's debt is not well covered by operating cash flow (12%).
Interest Coverage: 300644 earns more interest than it pays, so coverage of interest payments is not a concern.