Jiangsu JieJie Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu JieJie Microelectronics has a total shareholder equity of CN¥4.6B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are CN¥7.7B and CN¥3.2B respectively. Jiangsu JieJie Microelectronics's EBIT is CN¥342.0M making its interest coverage ratio 11.9. It has cash and short-term investments of CN¥727.8M.
Key information
44.4%
Debt to equity ratio
CN¥2.04b
Debt
| Interest coverage ratio | 11.9x |
| Cash | CN¥727.82m |
| Equity | CN¥4.58b |
| Total liabilities | CN¥3.16b |
| Total assets | CN¥7.74b |
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¥2.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300623's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 300623's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 300623's debt to equity ratio has increased from 2% to 44.4% over the past 5 years.
Debt Coverage: 300623's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 300623's interest payments on its debt are well covered by EBIT (11.9x coverage).