Jiangsu Xiehe ElectronicLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Xiehe ElectronicLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥1.5B and CN¥335.6M respectively. Jiangsu Xiehe ElectronicLtd's EBIT is CN¥55.1M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥219.5M.
Key information
4.2%
Debt to equity ratio
CN¥50.01m
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥219.53m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥335.58m |
| Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Jiangsu Xiehe ElectronicLtd's (SHSE:605258) Earnings
Nov 04
Jiangsu Xiehe Electronic Co.,Ltd.'s (SHSE:605258) Business Is Trailing The Market But Its Shares Aren't
Sep 27Jiangsu Xiehe ElectronicLtd (SHSE:605258) Will Want To Turn Around Its Return Trends
Jul 04Optimistic Investors Push Jiangsu Xiehe Electronic Co.,Ltd. (SHSE:605258) Shares Up 31% But Growth Is Lacking
Jun 05Jiangsu Xiehe ElectronicLtd's (SHSE:605258) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 25What Jiangsu Xiehe Electronic Co.,Ltd.'s (SHSE:605258) 47% Share Price Gain Is Not Telling You
Mar 08Capital Allocation Trends At Jiangsu Xiehe ElectronicLtd (SHSE:605258) Aren't Ideal
Feb 28Financial Position Analysis
Short Term Liabilities: 605258's short term assets (CN¥915.1M) exceed its short term liabilities (CN¥309.5M).
Long Term Liabilities: 605258's short term assets (CN¥915.1M) exceed its long term liabilities (CN¥26.1M).
Debt to Equity History and Analysis
Debt Level: 605258 has more cash than its total debt.
Reducing Debt: 605258's debt to equity ratio has reduced from 21.1% to 4.2% over the past 5 years.
Debt Coverage: 605258's debt is well covered by operating cash flow (207%).
Interest Coverage: 605258 earns more interest than it pays, so coverage of interest payments is not a concern.