Jiangsu Rijiu Optoelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Rijiu Optoelectronics has a total shareholder equity of CN¥937.1M and total debt of CN¥86.7M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are CN¥1.1B and CN¥201.8M respectively. Jiangsu Rijiu Optoelectronics's EBIT is CN¥24.7M making its interest coverage ratio -68.9. It has cash and short-term investments of CN¥137.8M.
Key information
9.3%
Debt to equity ratio
CN¥86.73m
Debt
| Interest coverage ratio | -68.9x |
| Cash | CN¥137.80m |
| Equity | CN¥937.07m |
| Total liabilities | CN¥201.78m |
| Total assets | CN¥1.14b |
Recent financial health updates
No updates
Recent updates
Jiangsu Rijiu Optoelectronics' (SZSE:003015) Earnings Seem To Be Promising
Aug 12
Jiangsu 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¥449.6M) exceed its short term liabilities (CN¥184.9M).
Long Term Liabilities: 003015's short term assets (CN¥449.6M) exceed its long term liabilities (CN¥16.9M).
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 31.8% to 9.3% over the past 5 years.
Debt Coverage: 003015's debt is well covered by operating cash flow (155.7%).
Interest Coverage: 003015 earns more interest than it pays, so coverage of interest payments is not a concern.