Jilin Sino-Microelectronics Balance Sheet Health
Financial Health criteria checks 1/6
Jilin Sino-Microelectronics has a total shareholder equity of CN¥3.4B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are CN¥6.6B and CN¥3.2B respectively. Jilin Sino-Microelectronics's EBIT is CN¥183.4M making its interest coverage ratio 2. It has cash and short-term investments of CN¥775.6M.
Key information
64.4%
Debt to equity ratio
CN¥2.17b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥775.57m |
| Equity | CN¥3.36b |
| Total liabilities | CN¥3.25b |
| Total assets | CN¥6.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600360's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 600360's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥488.2M).
Debt to Equity History and Analysis
Debt Level: 600360's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 600360's debt to equity ratio has increased from 47.4% to 64.4% over the past 5 years.
Debt Coverage: 600360's debt is not well covered by operating cash flow (15%).
Interest Coverage: 600360's interest payments on its debt are not well covered by EBIT (2x coverage).