Jilin OLED Material Tech Balance Sheet Health
Financial Health criteria checks 5/6
Jilin OLED Material Tech has a total shareholder equity of CN¥1.8B and total debt of CN¥58.5M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥2.2B and CN¥421.6M respectively. Jilin OLED Material Tech's EBIT is CN¥34.8M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥329.4M.
Key information
3.3%
Debt to equity ratio
CN¥58.47m
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥329.45m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥421.60m |
| Total assets | CN¥2.18b |
Recent financial health updates
Recent updates
The Market Lifts Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Shares 31% But It Can Do More
Nov 11
It's A Story Of Risk Vs Reward With Jilin OLED Material Tech Co., Ltd. (SHSE:688378)
Sep 26Is Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Potentially Undervalued?
Jul 29Does Jilin OLED Material Tech (SHSE:688378) Have A Healthy Balance Sheet?
Jun 26Jilin OLED Material Tech (SHSE:688378) Is Posting Solid Earnings, But It Is Not All Good News
Apr 25Here's What's Concerning About Jilin OLED Material Tech's (SHSE:688378) Returns On Capital
Apr 08Is Now An Opportune Moment To Examine Jilin OLED Material Tech Co., Ltd. (SHSE:688378)?
Mar 19Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Looks Just Right With A 30% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 688378's short term assets (CN¥855.0M) exceed its short term liabilities (CN¥246.9M).
Long Term Liabilities: 688378's short term assets (CN¥855.0M) exceed its long term liabilities (CN¥174.7M).
Debt to Equity History and Analysis
Debt Level: 688378 has more cash than its total debt.
Reducing Debt: 688378's debt to equity ratio has reduced from 12.4% to 3.3% over the past 5 years.
Debt Coverage: 688378's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688378 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 | 2024/12/28 01:28 |
| End of Day Share Price | 2024/12/27 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
Jilin OLED Material Tech Co., Ltd. is covered by 4 analysts. 3 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 |
|---|---|
| Haibo Liu | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |
| Wei Liu | Haitong International Research Limited |