Henan Jindan Lactic Acid TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Henan Jindan Lactic Acid TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are CN¥3.4B and CN¥1.6B respectively. Henan Jindan Lactic Acid TechnologyLtd's EBIT is CN¥94.8M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥548.6M.
Key information
68.5%
Debt to equity ratio
CN¥1.25b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥548.63m |
| Equity | CN¥1.82b |
| Total liabilities | CN¥1.62b |
| Total assets | CN¥3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300829's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥754.0M).
Long Term Liabilities: 300829's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥868.7M).
Debt to Equity History and Analysis
Debt Level: 300829's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 300829's debt to equity ratio has increased from 50.6% to 68.5% over the past 5 years.
Debt Coverage: 300829's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 300829's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:30 |
| End of Day Share Price | 2024/12/25 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
Henan Jindan Lactic Acid Technology Co.,Ltd. is covered by 3 analysts. 0 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 |
|---|---|
| Ce Zhou | Chasing Securities |
| Wei Liu | Haitong International Research Limited |
| Xin Peng | Tianfeng Securities Brokerage Co., Ltd |