Jiangsu Liance Electromechanical Technology Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Liance Electromechanical Technology has a total shareholder equity of CN¥936.4M and total debt of CN¥95.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥1.3B and CN¥350.5M respectively. Jiangsu Liance Electromechanical Technology's EBIT is CN¥91.3M making its interest coverage ratio -72.1. It has cash and short-term investments of CN¥238.9M.
Key information
0.01%
Debt to equity ratio
CN¥95.00k
Debt
| Interest coverage ratio | -72.1x |
| Cash | CN¥238.86m |
| Equity | CN¥936.37m |
| Total liabilities | CN¥350.53m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Jiangsu Liance Electromechanical Technology Co., Ltd. (SHSE:688113) Stock Catapults 43% Though Its Price And Business Still Lag The Market
Oct 14
Benign Growth For Jiangsu Liance Electromechanical Technology Co., Ltd. (SHSE:688113) Underpins Its Share Price
Aug 30Solid Earnings May Not Tell The Whole Story For Jiangsu Liance Electromechanical Technology (SHSE:688113)
May 06Capital Allocation Trends At Jiangsu Liance Electromechanical Technology (SHSE:688113) Aren't Ideal
Apr 02Financial Position Analysis
Short Term Liabilities: 688113's short term assets (CN¥863.0M) exceed its short term liabilities (CN¥303.5M).
Long Term Liabilities: 688113's short term assets (CN¥863.0M) exceed its long term liabilities (CN¥47.0M).
Debt to Equity History and Analysis
Debt Level: 688113 has more cash than its total debt.
Reducing Debt: 688113's debt to equity ratio has reduced from 0.5% to 0.01% over the past 5 years.
Debt Coverage: 688113's debt is well covered by operating cash flow (91197.6%).
Interest Coverage: 688113 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 | 2024/12/25 13:49 |
| End of Day Share Price | 2024/12/25 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 Liance Electromechanical Technology Co., Ltd. is covered by 3 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 |
|---|---|
| Chen He | Chasing Securities |
| Qun Xi Xiao | Huatai Research |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |