Jolywood (Suzhou) SunwattLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jolywood (Suzhou) SunwattLtd has a total shareholder equity of CN¥5.1B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are CN¥16.8B and CN¥11.7B respectively. Jolywood (Suzhou) SunwattLtd's EBIT is CN¥233.6M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥2.1B.
Key information
132.0%
Debt to equity ratio
CN¥6.67b
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥2.09b |
Equity | CN¥5.06b |
Total liabilities | CN¥11.75b |
Total assets | CN¥16.80b |
Recent financial health updates
No updates
Recent updates
Jolywood (Suzhou) SunwattLtd (SZSE:300393) Has Announced That It Will Be Increasing Its Dividend To CN¥0.138
Jul 05A Look At The Fair Value Of Jolywood (Suzhou) Sunwatt Co.,Ltd. (SZSE:300393)
Jun 27Jolywood (Suzhou) Sunwatt's (SZSE:300393) Solid Earnings Have Been Accounted For Conservatively
May 01Jolywood (Suzhou) Sunwatt Co., Ltd. (SZSE:300393) Could Be Riskier Than It Looks
Mar 25Investors Will Want Jolywood (Suzhou) Sunwatt's (SZSE:300393) Growth In ROCE To Persist
Feb 28Financial Position Analysis
Short Term Liabilities: 300393's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 300393's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 300393's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 300393's debt to equity ratio has increased from 116.4% to 132% over the past 5 years.
Debt Coverage: 300393's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 300393 earns more interest than it pays, so coverage of interest payments is not a concern.