Jiangsu Flag Chemical Industry Co., Ltd.

XSEC:300575 Stock Report

Market Cap: CN¥2.9b

Jiangsu Flag Chemical Industry Balance Sheet Health

Financial Health criteria checks 3/6

Jiangsu Flag Chemical Industry has a total shareholder equity of CN¥2.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥4.2B and CN¥1.9B respectively. Jiangsu Flag Chemical Industry's EBIT is CN¥22.5M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥524.2M.

Key information

51.6%

Debt to equity ratio

CN¥1.16b

Debt

Interest coverage ratio1.9x
CashCN¥524.17m
EquityCN¥2.24b
Total liabilitiesCN¥1.93b
Total assetsCN¥4.17b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 300575's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: 300575's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥658.8M).


Debt to Equity History and Analysis

Debt Level: 300575's net debt to equity ratio (28.2%) is considered satisfactory.

Reducing Debt: 300575's debt to equity ratio has increased from 33.8% to 51.6% over the past 5 years.

Debt Coverage: 300575's debt is not well covered by operating cash flow (19.4%).

Interest Coverage: 300575's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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