WuXi Xinje ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
WuXi Xinje ElectricLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥33.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥3.2B and CN¥916.6M respectively. WuXi Xinje ElectricLtd's EBIT is CN¥209.1M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥1.0B.
Key information
1.5%
Debt to equity ratio
CN¥33.00m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥1.05b |
| Equity | CN¥2.24b |
| Total liabilities | CN¥916.62m |
| Total assets | CN¥3.16b |
Recent financial health updates
Is WuXi Xinje ElectricLtd (SHSE:603416) Using Too Much Debt?
Sep 30
WuXi Xinje ElectricLtd (SHSE:603416) Has A Rock Solid Balance Sheet
May 28WuXi Xinje ElectricLtd (SHSE:603416) Seems To Use Debt Quite Sensibly
Feb 28Recent updates
Investors Could Be Concerned With WuXi Xinje ElectricLtd's (SHSE:603416) Returns On Capital
Jan 03WuXi Xinje Electric Co.,Ltd.'s (SHSE:603416) Low P/E No Reason For Excitement
Oct 16Is WuXi Xinje ElectricLtd (SHSE:603416) Using Too Much Debt?
Sep 30WuXi Xinje Electric Co.,Ltd.'s (SHSE:603416) Share Price Is Matching Sentiment Around Its Earnings
Jun 26WuXi Xinje ElectricLtd (SHSE:603416) Has A Rock Solid Balance Sheet
May 28WuXi Xinje ElectricLtd's (SHSE:603416) Conservative Accounting Might Explain Soft Earnings
Apr 26The Returns On Capital At WuXi Xinje ElectricLtd (SHSE:603416) Don't Inspire Confidence
Mar 28There's No Escaping WuXi Xinje Electric Co.,Ltd.'s (SHSE:603416) Muted Earnings Despite A 33% Share Price Rise
Mar 06WuXi Xinje ElectricLtd (SHSE:603416) Seems To Use Debt Quite Sensibly
Feb 28Financial Position Analysis
Short Term Liabilities: 603416's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥885.3M).
Long Term Liabilities: 603416's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥31.3M).
Debt to Equity History and Analysis
Debt Level: 603416 has more cash than its total debt.
Reducing Debt: 603416's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: 603416's debt is well covered by operating cash flow (411.8%).
Interest Coverage: 603416 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 04:31 |
| End of Day Share Price | 2025/01/10 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
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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
WuXi Xinje Electric Co.,Ltd. is covered by 10 analysts. 4 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 |
|---|---|
| Fu Yang | Chasing Securities |
| Peng Jiang | China International Capital Corporation Limited |
| Jia Xun You | China Merchants Securities Co. Ltd. |