Jiangsu Lettall ElectronicLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Lettall ElectronicLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥907.5M, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are CN¥6.0B and CN¥4.4B respectively. Jiangsu Lettall ElectronicLtd's EBIT is CN¥108.2M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥456.6M.
Key information
54.7%
Debt to equity ratio
CN¥907.52m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥456.60m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥4.39b |
| Total assets | CN¥6.05b |
Recent financial health updates
Recent updates
Concerns Surrounding Jiangsu Lettall ElectronicLtd's (SHSE:603629) Performance
Nov 06
Unpleasant Surprises Could Be In Store For Jiangsu Lettall Electronic Co.,Ltd's (SHSE:603629) Shares
Sep 27Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Jun 24We Think Jiangsu Lettall ElectronicLtd (SHSE:603629) Can Manage Its Debt With Ease
Apr 24Lacklustre Performance Is Driving Jiangsu Lettall Electronic Co.,Ltd's (SHSE:603629) Low P/S
Feb 28Financial Position Analysis
Short Term Liabilities: 603629's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603629's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603629's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 603629's debt to equity ratio has increased from 36% to 54.7% over the past 5 years.
Debt Coverage: 603629's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603629's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:47 |
| End of Day Share Price | 2024/12/26 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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Industry and Sector Metrics
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Analyst Sources
Jiangsu Lettall Electronic Co.,Ltd is covered by 0 analysts. 0 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 |
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