Ji'an Mankun Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ji'an Mankun Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥70.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥2.5B and CN¥728.9M respectively. Ji'an Mankun Technology's EBIT is CN¥67.5M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥835.5M.
Key information
4.0%
Debt to equity ratio
CN¥70.05m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥835.49m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥728.90m |
| Total assets | CN¥2.47b |
Recent financial health updates
Recent updates
Ji'an Mankun Technology (SZSE:301132) Seems To Use Debt Quite Sensibly
Sep 29
Why Ji'an Mankun Technology's (SZSE:301132) Shaky Earnings Are Just The Beginning Of Its Problems
Aug 21Ji'an Mankun Technology (SZSE:301132) Is Paying Out A Larger Dividend Than Last Year
May 24A Look At The Intrinsic Value Of Ji'an Mankun Technology Co., Ltd. (SZSE:301132)
Apr 15Financial Position Analysis
Short Term Liabilities: 301132's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥696.2M).
Long Term Liabilities: 301132's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥32.7M).
Debt to Equity History and Analysis
Debt Level: 301132 has more cash than its total debt.
Reducing Debt: 301132's debt to equity ratio has reduced from 10.2% to 4% over the past 5 years.
Debt Coverage: 301132's debt is well covered by operating cash flow (150.1%).
Interest Coverage: 301132 earns more interest than it pays, so coverage of interest payments is not a concern.