Wuhan Jingce Electronic GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Wuhan Jingce Electronic GroupLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are CN¥9.6B and CN¥5.4B respectively.
Key information
83.5%
Debt to equity ratio
CN¥3.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.38b |
| Equity | CN¥4.17b |
| Total liabilities | CN¥5.43b |
| Total assets | CN¥9.60b |
Recent financial health updates
Recent updates
Is Wuhan Jingce Electronic GroupLtd (SZSE:300567) Using Too Much Debt?
Sep 26
Wuhan Jingce Electronic GroupLtd's (SZSE:300567) Shareholders Will Receive A Smaller Dividend Than Last Year
May 23Wuhan Jingce Electronic GroupLtd's (SZSE:300567) Anemic Earnings Might Be Worse Than You Think
Apr 29Wuhan Jingce Electronic Group Co.,Ltd (SZSE:300567) Analysts Are Reducing Their Forecasts For This Year
Apr 28Wuhan Jingce Electronic Group Co.,Ltd Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
Apr 25Investors Appear Satisfied With Wuhan Jingce Electronic Group Co.,Ltd's (SZSE:300567) Prospects As Shares Rocket 31%
Mar 01Financial Position Analysis
Short Term Liabilities: 300567's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 300567's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 300567's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 300567's debt to equity ratio has increased from 83% to 83.5% over the past 5 years.
Debt Coverage: 300567's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: Insufficient data to determine if 300567's interest payments on its debt are well covered by EBIT.