Jiangsu JieJie Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu JieJie Microelectronics has a total shareholder equity of CN¥4.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CN¥7.7B and CN¥3.2B respectively. Jiangsu JieJie Microelectronics's EBIT is CN¥248.1M making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥797.1M.
Key information
47.2%
Debt to equity ratio
CN¥2.12b
Debt
Interest coverage ratio | 12.5x |
Cash | CN¥797.07m |
Equity | CN¥4.49b |
Total liabilities | CN¥3.21b |
Total assets | CN¥7.70b |
Recent financial health updates
Recent updates
Calculating 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¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300623's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 300623's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 300623's debt to equity ratio has increased from 2.9% to 47.2% over the past 5 years.
Debt Coverage: 300623's debt is well covered by operating cash flow (47.7%).
Interest Coverage: 300623's interest payments on its debt are well covered by EBIT (12.5x coverage).