JWIPC Technology Balance Sheet Health
Financial Health criteria checks 5/6
JWIPC Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥180.1M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥4.8B and CN¥2.7B respectively. JWIPC Technology's EBIT is CN¥222.3M making its interest coverage ratio -16.2. It has cash and short-term investments of CN¥1.7B.
Key information
8.6%
Debt to equity ratio
CN¥180.13m
Debt
| Interest coverage ratio | -16.2x |
| Cash | CN¥1.74b |
| Equity | CN¥2.10b |
| Total liabilities | CN¥2.67b |
| Total assets | CN¥4.78b |
Recent financial health updates
Recent updates
JWIPC Technology's (SZSE:001339) Soft Earnings Are Actually Better Than They Appear
Aug 06
The Returns On Capital At JWIPC Technology (SZSE:001339) Don't Inspire Confidence
Jul 23Is JWIPC Technology (SZSE:001339) Using Too Much Debt?
Jun 26Time To Worry? Analysts Just Downgraded Their JWIPC Technology Co., Ltd. (SZSE:001339) Outlook
May 02JWIPC Technology (SZSE:001339) Will Be Hoping To Turn Its Returns On Capital Around
Apr 22JWIPC Technology Co., Ltd. (SZSE:001339) Held Back By Insufficient Growth Even After Shares Climb 30%
Mar 01Financial Position Analysis
Short Term Liabilities: 001339's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 001339's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥33.3M).
Debt to Equity History and Analysis
Debt Level: 001339 has more cash than its total debt.
Reducing Debt: 001339's debt to equity ratio has increased from 0% to 8.6% over the past 5 years.
Debt Coverage: 001339's debt is well covered by operating cash flow (522.9%).
Interest Coverage: 001339 earns more interest than it pays, so coverage of interest payments is not a concern.