Jiangsu Aisen Semiconductor MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Aisen Semiconductor MaterialLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥123.6M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥1.2B and CN¥209.8M respectively. Jiangsu Aisen Semiconductor MaterialLtd's EBIT is CN¥20.2M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥231.4M.
Key information
12.2%
Debt to equity ratio
CN¥123.60m
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥231.45m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥209.81m |
| Total assets | CN¥1.22b |
Recent financial health updates
No updates
Recent updates
Why Jiangsu Aisen Semiconductor MaterialLtd's (SHSE:688720) Healthy Earnings Aren’t As Good As They Seem
Nov 04
Jiangsu Aisen Semiconductor MaterialLtd's (SHSE:688720) Solid Profits Have Weak Fundamentals
May 03Jiangsu Aisen Semiconductor Material Co.,Ltd.'s (SHSE:688720) 37% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 688720's short term assets (CN¥528.8M) exceed its short term liabilities (CN¥205.1M).
Long Term Liabilities: 688720's short term assets (CN¥528.8M) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 688720 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688720's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688720's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688720 earns more interest than it pays, so coverage of interest payments is not a concern.