Ningbo Joy Intelligent Logistics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ningbo Joy Intelligent Logistics TechnologyLtd has a total shareholder equity of CN¥940.1M and total debt of CN¥191.1M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are CN¥1.3B and CN¥336.6M respectively. Ningbo Joy Intelligent Logistics TechnologyLtd's EBIT is CN¥6.4M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥341.6M.
Key information
20.3%
Debt to equity ratio
CN¥191.14m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥341.57m |
| Equity | CN¥940.08m |
| Total liabilities | CN¥336.62m |
| Total assets | CN¥1.28b |
Recent financial health updates
No updates
Recent updates
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. (SZSE:301198) Shares Slammed 34% But Getting In Cheap Might Be Difficult Regardless
Jan 08
Market Participants Recognise Ningbo Joy Intelligent Logistics Technology Co.,Ltd.'s (SZSE:301198) Revenues Pushing Shares 27% Higher
Nov 11Optimistic Investors Push Ningbo Joy Intelligent Logistics Technology Co.,Ltd. (SZSE:301198) Shares Up 27% But Growth Is Lacking
Aug 18Some Investors May Be Worried About Ningbo Joy Intelligent Logistics TechnologyLtd's (SZSE:301198) Returns On Capital
Jul 04Ningbo Joy Intelligent Logistics TechnologyLtd (SZSE:301198) Is Paying Out Less In Dividends Than Last Year
May 24Ningbo Joy Intelligent Logistics TechnologyLtd's (SZSE:301198) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 30Financial Position Analysis
Short Term Liabilities: 301198's short term assets (CN¥700.6M) exceed its short term liabilities (CN¥330.7M).
Long Term Liabilities: 301198's short term assets (CN¥700.6M) exceed its long term liabilities (CN¥6.0M).
Debt to Equity History and Analysis
Debt Level: 301198 has more cash than its total debt.
Reducing Debt: 301198's debt to equity ratio has increased from 9% to 20.3% over the past 5 years.
Debt Coverage: 301198's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 301198 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 07:45 |
| End of Day Share Price | 2025/02/07 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.
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 Github.
Analyst Sources
Ningbo Joy Intelligent Logistics Technology Co.,Ltd. is covered by 2 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Sun-Hai Yang | Tianfeng Securities Brokerage Co., Ltd |