Jiangsu JieJie Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu JieJie Microelectronics has a total shareholder equity of CN¥4.7B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥7.8B and CN¥3.1B respectively. Jiangsu JieJie Microelectronics's EBIT is CN¥461.1M making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥766.9M.
Key information
41.2%
Debt to equity ratio
CN¥1.94b
Debt
| Interest coverage ratio | 19.1x |
| Cash | CN¥766.94m |
| Equity | CN¥4.71b |
| Total liabilities | CN¥3.10b |
| Total assets | CN¥7.80b |
Recent financial health updates
We Think Jiangsu JieJie Microelectronics (SZSE:300623) Can Stay On Top Of Its Debt
Oct 18
Does Jiangsu JieJie Microelectronics (SZSE:300623) Have A Healthy Balance Sheet?
Jul 13Recent updates
We Think Jiangsu JieJie Microelectronics (SZSE:300623) Can Stay On Top Of Its Debt
Oct 18Optimistic Investors Push Jiangsu JieJie Microelectronics Co., Ltd. (SZSE:300623) Shares Up 34% But Growth Is Lacking
Oct 01Jiangsu JieJie Microelectronics' (SZSE:300623) Returns On Capital Not Reflecting Well On The Business
Sep 19Calculating The Fair Value Of Jiangsu JieJie Microelectronics Co., Ltd. (SZSE:300623)
Jul 29Does Jiangsu JieJie Microelectronics (SZSE:300623) Have A Healthy Balance Sheet?
Jul 13Jiangsu JieJie Microelectronics Co., Ltd.'s (SZSE:300623) Popularity With Investors Is Under Threat From Overpricing
Jun 12Returns On Capital At Jiangsu JieJie Microelectronics (SZSE:300623) Paint A Concerning Picture
Apr 08Jiangsu JieJie Microelectronics' (SZSE:300623) Problems Go Beyond Weak Profit
Mar 19Investors Appear Satisfied With Jiangsu JieJie Microelectronics Co., Ltd.'s (SZSE:300623) Prospects As Shares Rocket 28%
Mar 04Financial Position Analysis
Short Term Liabilities: 300623's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300623's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 300623's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 300623's debt to equity ratio has increased from 0% to 41.2% over the past 5 years.
Debt Coverage: 300623's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 300623's interest payments on its debt are well covered by EBIT (19.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:29 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Jiangsu JieJie Microelectronics Co., Ltd. is covered by 6 analysts. 1 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 |
|---|---|
| Chen He | Chasing Securities |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Jian Hu | Guosen Securities Co., Ltd. |