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

Does Jilin OLED Material Tech (SHSE:688378) Have A Healthy Balance Sheet?

Jun 26

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 26

Is Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Potentially Undervalued?

Jul 29

Does Jilin OLED Material Tech (SHSE:688378) Have A Healthy Balance Sheet?

Jun 26

Jilin OLED Material Tech (SHSE:688378) Is Posting Solid Earnings, But It Is Not All Good News

Apr 25

Here's What's Concerning About Jilin OLED Material Tech's (SHSE:688378) Returns On Capital

Apr 08

Is Now An Opportune Moment To Examine Jilin OLED Material Tech Co., Ltd. (SHSE:688378)?

Mar 19

Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Looks Just Right With A 30% Price Jump

Mar 04

Financial 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.

Jilin OLED Material Tech Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Does Jilin OLED Material Tech (SHSE:688378) Have A Healthy Balance Sheet?

Recent updates

Investor sentiment improves as stock rises 26%

The Market Lifts Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Shares 31% But It Can Do More

Third quarter 2024 earnings released: EPS: CN¥0.047 (vs CN¥0.001 in 3Q 2023)

Investor sentiment improves as stock rises 18%

Now 25% overvalued

Jilin OLED Material Tech Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024

Investor sentiment improves as stock rises 23%

It's A Story Of Risk Vs Reward With Jilin OLED Material Tech Co., Ltd. (SHSE:688378)

Now 23% undervalued after recent price drop

New minor risk - Share price stability

Second quarter 2024 earnings released: CN¥0.015 loss per share (vs CN¥0.013 profit in 2Q 2023)

Is Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Potentially Undervalued?

Jilin OLED Material Tech Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Does Jilin OLED Material Tech (SHSE:688378) Have A Healthy Balance Sheet?

A consortium of investors acquired a 3% stake in Jilin OLED Material Tech Co., Ltd. (SHSE:688378) from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan for approximately CNY 130 million

A consortium of investors acquired a 3% stake in Jilin OLED Material Tech Co., Ltd. (SHSE:688378) from Changchun Juhai Investment Partnership Enterprise (Limited Partnership), Xuan Jingquan, Xuan Lingyi and Li Jixuan for approximately CNY 130 million

Investor sentiment improves as stock rises 16%

Jilin OLED Material Tech Co., Ltd., Annual General Meeting, May 16, 2024

First quarter 2024 earnings released: EPS: CN¥0.64 (vs CN¥0.66 in 1Q 2023)

Jilin OLED Material Tech (SHSE:688378) Is Posting Solid Earnings, But It Is Not All Good News

Full year 2023 earnings: EPS and revenues miss analyst expectations

Here's What's Concerning About Jilin OLED Material Tech's (SHSE:688378) Returns On Capital

Jilin OLED Material Tech Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024

Is Now An Opportune Moment To Examine Jilin OLED Material Tech Co., Ltd. (SHSE:688378)?

Jilin OLED Material Tech Co., Ltd. (SHSE:688378) Looks Just Right With A 30% Price Jump

Full year 2023 earnings released: EPS: CN¥0.85 (vs CN¥0.79 in FY 2022)

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.26 in 3Q 2022)

New minor risk - Share price stability

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.08 loss in 2Q 2022)

Jilin OLED Material Tech Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023

Full year 2022 earnings released: EPS: CN¥1.10 (vs CN¥1.33 in FY 2021)

Full year 2022 earnings released: EPS: CN¥1.10 (vs CN¥1.33 in FY 2021)

Investor sentiment improves as stock rises 15%

Investor sentiment improved over the past week

Less than half of directors are independent

Jilin OLED Material Tech Co., Ltd. announced that it expects to receive CNY 240 million in funding

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CN¥0.85 (vs CN¥0.45 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥4.54 (vs CN¥0.47 in 2Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.64 (vs CN¥0.11 loss in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.66 (vs CN¥0.059 loss in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥1.18 (vs CN¥2.11 in FY 2019)

New 90-day low: CN¥46.22

Full year 2020 earnings released: EPS CN¥1.17 (vs CN¥2.11 in FY 2019)

New 90-day low: CN¥46.59

New 90-day low: CN¥54.58

New 90-day low: CN¥57.57

Jilin OLED Material Tech Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020

Jilin OLED Material Tech CO.,LTD has completed an IPO in the amount of CNY 1.144042 billion.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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