Hubei Jiuzhiyang Infrared System Balance Sheet Health
Financial Health criteria checks 6/6
Hubei Jiuzhiyang Infrared System has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥461.3M respectively. Hubei Jiuzhiyang Infrared System's EBIT is CN¥65.0M making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥449.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -16.5x |
| Cash | CN¥449.53m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥461.30m |
| Total assets | CN¥1.74b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Hubei Jiuzhiyang Infrared System Co., Ltd (SZSE:300516) With Shares Advancing 49%
Oct 08
Investors Will Want Hubei Jiuzhiyang Infrared System's (SZSE:300516) Growth In ROCE To Persist
Oct 01Hubei Jiuzhiyang Infrared System Co., Ltd's (SZSE:300516) Shares May Have Run Too Fast Too Soon
Jul 31Hubei Jiuzhiyang Infrared System (SZSE:300516) Shareholders Will Want The ROCE Trajectory To Continue
Jun 26Hubei Jiuzhiyang Infrared System (SZSE:300516) Is Increasing Its Dividend To CN¥0.352
May 21We Like The Quality Of Hubei Jiuzhiyang Infrared System's (SZSE:300516) Earnings
Apr 04Subdued Growth No Barrier To Hubei Jiuzhiyang Infrared System Co., Ltd (SZSE:300516) With Shares Advancing 27%
Mar 06Hubei Jiuzhiyang Infrared System (SZSE:300516) Is Doing The Right Things To Multiply Its Share Price
Feb 26Financial Position Analysis
Short Term Liabilities: 300516's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥459.0M).
Long Term Liabilities: 300516's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 300516 is debt free.
Reducing Debt: 300516 had no debt 5 years ago.
Debt Coverage: 300516 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300516 has no debt, therefore coverage of interest payments is not a concern.