Jiangsu ToLand AlloyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu ToLand AlloyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥167.5M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥2.5B and CN¥520.2M respectively. Jiangsu ToLand AlloyLtd's EBIT is CN¥365.3M making its interest coverage ratio 656.9. It has cash and short-term investments of CN¥319.2M.
Key information
8.5%
Debt to equity ratio
CN¥167.49m
Debt
| Interest coverage ratio | 656.9x |
| Cash | CN¥319.22m |
| Equity | CN¥1.98b |
| Total liabilities | CN¥520.20m |
| Total assets | CN¥2.50b |
Recent financial health updates
Does Jiangsu ToLand AlloyLtd (SZSE:300855) Have A Healthy Balance Sheet?
Dec 02
These 4 Measures Indicate That Jiangsu ToLand AlloyLtd (SZSE:300855) Is Using Debt Reasonably Well
Aug 13Recent updates
Does Jiangsu ToLand AlloyLtd (SZSE:300855) Have A Healthy Balance Sheet?
Dec 02Investors Interested In Jiangsu ToLand Alloy Co.,Ltd's (SZSE:300855) Earnings
Sep 07These 4 Measures Indicate That Jiangsu ToLand AlloyLtd (SZSE:300855) Is Using Debt Reasonably Well
Aug 13Here's What To Make Of Jiangsu ToLand AlloyLtd's (SZSE:300855) Decelerating Rates Of Return
Jun 19Why We're Not Concerned About Jiangsu ToLand Alloy Co.,Ltd's (SZSE:300855) Share Price
May 09With EPS Growth And More, Jiangsu ToLand AlloyLtd (SZSE:300855) Makes An Interesting Case
Apr 03Financial Position Analysis
Short Term Liabilities: 300855's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥371.3M).
Long Term Liabilities: 300855's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥148.9M).
Debt to Equity History and Analysis
Debt Level: 300855 has more cash than its total debt.
Reducing Debt: 300855's debt to equity ratio has reduced from 21% to 8.5% over the past 5 years.
Debt Coverage: 300855's debt is well covered by operating cash flow (195.9%).
Interest Coverage: 300855's interest payments on its debt are well covered by EBIT (656.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:25 |
| End of Day Share Price | 2025/01/02 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 ToLand Alloy Co.,Ltd is covered by 9 analysts. 5 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 |
|---|---|
| Liang Li | China Galaxy Securities Co., Ltd. |
| Jing Liu | China International Capital Corporation Limited |
| Chao Wang | China Merchants Securities Co. Ltd. |