Jiangsu Rijiu Optoelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Rijiu Optoelectronics has a total shareholder equity of CN¥960.3M and total debt of CN¥57.1M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥1.1B and CN¥166.1M respectively. Jiangsu Rijiu Optoelectronics's EBIT is CN¥31.6M making its interest coverage ratio -44.2. It has cash and short-term investments of CN¥132.0M.
Key information
5.9%
Debt to equity ratio
CN¥57.05m
Debt
| Interest coverage ratio | -44.2x |
| Cash | CN¥132.00m |
| Equity | CN¥960.32m |
| Total liabilities | CN¥166.11m |
| Total assets | CN¥1.13b |
Recent financial health updates
Recent updates
Is Jiangsu Rijiu Optoelectronics (SZSE:003015) Using Too Much Debt?
Nov 18
Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd's (SZSE:003015) 37% Price Boost Is Out Of Tune With Revenues
Oct 22Returns On Capital Signal Tricky Times Ahead For Jiangsu Rijiu Optoelectronics (SZSE:003015)
Oct 20Subdued Growth No Barrier To Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd (SZSE:003015) With Shares Advancing 29%
Aug 30Jiangsu Rijiu Optoelectronics' (SZSE:003015) Earnings Seem To Be Promising
Aug 12Jiangsu Rijiu Optoelectronics (SZSE:003015) Is Reducing Its Dividend To CN¥0.10
May 13Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd's (SZSE:003015) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
May 01There Are Reasons To Feel Uneasy About Jiangsu Rijiu Optoelectronics' (SZSE:003015) Returns On Capital
Apr 01Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd's (SZSE:003015) 25% Share Price Surge Not Quite Adding Up
Mar 04Optimistic Investors Push Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd (SZSE:003015) Shares Up 25% But Growth Is Lacking
Mar 04Financial Position Analysis
Short Term Liabilities: 003015's short term assets (CN¥459.0M) exceed its short term liabilities (CN¥150.4M).
Long Term Liabilities: 003015's short term assets (CN¥459.0M) exceed its long term liabilities (CN¥15.7M).
Debt to Equity History and Analysis
Debt Level: 003015 has more cash than its total debt.
Reducing Debt: 003015's debt to equity ratio has reduced from 37.2% to 5.9% over the past 5 years.
Debt Coverage: 003015's debt is well covered by operating cash flow (263.4%).
Interest Coverage: 003015 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 04:20 |
| 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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Industry and Sector Metrics
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Analyst Sources
Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd is covered by 0 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 |
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