Jiangsu Nata Opto-electronic Material Co., Ltd.

XSEC:300346 Stock Report

Market Cap: CN¥20.8b

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 ratio12x
CashCN¥1.59b
EquityCN¥2.59b
Total liabilitiesCN¥2.95b
Total assetsCN¥5.53b

Recent financial health updates

No updates

Recent updates

Financial 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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