Jones Tech Balance Sheet Health
Financial Health criteria checks 6/6
Jones Tech has a total shareholder equity of CN¥1.9B and total debt of CN¥12.9M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥2.5B and CN¥519.6M respectively. Jones Tech's EBIT is CN¥146.4M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥998.2M.
Key information
0.7%
Debt to equity ratio
CN¥12.93m
Debt
| Interest coverage ratio | -10.9x |
| Cash | CN¥998.24m |
| Equity | CN¥1.94b |
| Total liabilities | CN¥519.65m |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Jones Tech PLC's (SZSE:300684) Earnings Pushing Shares 27% Higher
Nov 13
Jones Tech's (SZSE:300684) Profits May Not Reveal Underlying Issues
Nov 01Jones Tech PLC's (SZSE:300684) Earnings Haven't Escaped The Attention Of Investors
Sep 29Investors Could Be Concerned With Jones Tech's (SZSE:300684) Returns On Capital
Jun 18Jones Tech (SZSE:300684) Has Announced That Its Dividend Will Be Reduced To CN¥0.24
May 26Earnings Tell The Story For Jones Tech PLC (SZSE:300684) As Its Stock Soars 27%
May 22Jones Tech's (SZSE:300684) Problems Go Beyond Weak Profit
May 01Financial Position Analysis
Short Term Liabilities: 300684's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥506.2M).
Long Term Liabilities: 300684's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥13.4M).
Debt to Equity History and Analysis
Debt Level: 300684 has more cash than its total debt.
Reducing Debt: 300684's debt to equity ratio has reduced from 7.2% to 0.7% over the past 5 years.
Debt Coverage: 300684's debt is well covered by operating cash flow (734.2%).
Interest Coverage: 300684 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 | 2024/12/23 00:40 |
| End of Day Share Price | 2024/12/23 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jones Tech PLC is covered by 6 analysts. 2 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 |
|---|---|
| Zhe Wang | Citic Securities Co., Ltd. |
| Roy Li | CLSA |
| Wei Liu | Haitong International Research Limited |