Jiangsu Sidike New Materials Science & Technology Balance Sheet Health
Financial Health criteria checks 0/6
Jiangsu Sidike New Materials Science & Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 170.6%. Its total assets and total liabilities are CN¥7.4B and CN¥5.2B respectively. Jiangsu Sidike New Materials Science & Technology's EBIT is CN¥96.0M making its interest coverage ratio 0.8. It has cash and short-term investments of CN¥231.2M.
Key information
170.6%
Debt to equity ratio
CN¥3.79b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CN¥231.16m |
| Equity | CN¥2.22b |
| Total liabilities | CN¥5.18b |
| Total assets | CN¥7.40b |
Recent financial health updates
Jiangsu Sidike New Materials Science & Technology (SZSE:300806) Seems To Be Using A Lot Of Debt
Jul 05
Is Jiangsu Sidike New Materials Science & Technology (SZSE:300806) A Risky Investment?
Mar 27Recent updates
Subdued Growth No Barrier To Jiangsu Sidike New Materials Science & Technology Co., Ltd. (SZSE:300806) With Shares Advancing 31%
Nov 08Jiangsu Sidike New Materials Science & Technology's (SZSE:300806) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04Jiangsu Sidike New Materials Science & Technology (SZSE:300806) Will Be Hoping To Turn Its Returns On Capital Around
Oct 11Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) Share Price Not Quite Adding Up
Sep 20Jiangsu Sidike New Materials Science & Technology (SZSE:300806) Seems To Be Using A Lot Of Debt
Jul 05Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) 30% Share Price Surge Not Quite Adding Up
Jun 13Jiangsu Sidike New Materials Science & Technology's (SZSE:300806) Earnings Quality Is Low
Apr 30What Is Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) Share Price Doing?
Apr 17Is Jiangsu Sidike New Materials Science & Technology (SZSE:300806) A Risky Investment?
Mar 27Market Participants Recognise Jiangsu Sidike New Materials Science & Technology Co., Ltd.'s (SZSE:300806) Earnings Pushing Shares 34% Higher
Mar 06Financial Position Analysis
Short Term Liabilities: 300806's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 300806's short term assets (CN¥2.3B) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 300806's net debt to equity ratio (160.2%) is considered high.
Reducing Debt: 300806's debt to equity ratio has increased from 72.5% to 170.6% over the past 5 years.
Debt Coverage: 300806's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 300806's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 09:16 |
| End of Day Share Price | 2025/01/07 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Sidike New Materials Science & Technology Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Wei Liu | Haitong International Research Limited |
| Heng Xie | Industrial Securities Co. Ltd. |