Jilin Sino-Microelectronics Balance Sheet Health
Financial Health criteria checks 2/6
Jilin Sino-Microelectronics has a total shareholder equity of CN¥3.3B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are CN¥7.1B and CN¥3.8B respectively. Jilin Sino-Microelectronics's EBIT is CN¥147.8M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥1.3B.
Key information
85.5%
Debt to equity ratio
CN¥2.81b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥1.33b |
| Equity | CN¥3.28b |
| Total liabilities | CN¥3.79b |
| Total assets | CN¥7.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600360's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600360's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600360's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 600360's debt to equity ratio has increased from 68.8% to 85.5% over the past 5 years.
Debt Coverage: 600360's debt is not well covered by operating cash flow (9%).
Interest Coverage: 600360's interest payments on its debt are not well covered by EBIT (1.9x coverage).