Zhejiang Jingsheng Mechanical & Electrical Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Jingsheng Mechanical & Electrical has a total shareholder equity of CN¥18.5B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥34.1B and CN¥15.6B respectively. Zhejiang Jingsheng Mechanical & Electrical's EBIT is CN¥4.9B making its interest coverage ratio -150.3. It has cash and short-term investments of CN¥3.3B.
Key information
12.5%
Debt to equity ratio
CN¥2.30b
Debt
| Interest coverage ratio | -150.3x |
| Cash | CN¥3.30b |
| Equity | CN¥18.47b |
| Total liabilities | CN¥15.60b |
| Total assets | CN¥34.07b |
Recent financial health updates
Is Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Using Too Much Debt?
Oct 15
These 4 Measures Indicate That Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Is Using Debt Reasonably Well
Jul 05Recent updates
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Intrinsic Value Is Potentially 51% Above Its Share Price
Nov 10Is Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Using Too Much Debt?
Oct 15Investors Shouldn't Overlook Zhejiang Jingsheng Mechanical & Electrical's (SZSE:300316) Impressive Returns On Capital
Sep 30The Market Doesn't Like What It Sees From Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Earnings Yet
Sep 10Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 22Is There An Opportunity With Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) 44% Undervaluation?
Jul 21These 4 Measures Indicate That Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Is Using Debt Reasonably Well
Jul 05There Is A Reason Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Price Is Undemanding
Jun 05Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Has Announced That It Will Be Increasing Its Dividend To CN¥0.70
May 21Zhejiang Jingsheng Mechanical & Electrical's (SZSE:300316) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 21CN¥40.58: That's What Analysts Think Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Is Worth After Its Latest Results
Apr 17Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Shares Could Be 38% Below Their Intrinsic Value Estimate
Mar 27Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Prospects Need A Boost To Lift Shares
Feb 29Financial Position Analysis
Short Term Liabilities: 300316's short term assets (CN¥23.7B) exceed its short term liabilities (CN¥14.2B).
Long Term Liabilities: 300316's short term assets (CN¥23.7B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 300316 has more cash than its total debt.
Reducing Debt: 300316's debt to equity ratio has increased from 1.7% to 12.5% over the past 5 years.
Debt Coverage: 300316's debt is well covered by operating cash flow (97.9%).
Interest Coverage: 300316 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:58 |
| End of Day Share Price | 2024/12/20 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
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. is covered by 18 analysts. 8 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 |
|---|---|
| Hazim Bahari | CFRA Equity Research |
| Fu Yang | Chasing Securities |
| Ziding Zhang | China International Capital Corporation Limited |