Shenzhen Jieshun Science and Technology IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Jieshun Science and Technology IndustryLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥221.3M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.1B respectively. Shenzhen Jieshun Science and Technology IndustryLtd's EBIT is CN¥55.6M making its interest coverage ratio 13.7. It has cash and short-term investments of CN¥646.0M.
Key information
8.8%
Debt to equity ratio
CN¥221.25m
Debt
| Interest coverage ratio | 13.7x |
| Cash | CN¥645.97m |
| Equity | CN¥2.51b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002609's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥852.6M).
Long Term Liabilities: 002609's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥279.1M).
Debt to Equity History and Analysis
Debt Level: 002609 has more cash than its total debt.
Reducing Debt: 002609's debt to equity ratio has reduced from 9.1% to 8.8% over the past 5 years.
Debt Coverage: 002609's debt is well covered by operating cash flow (63.7%).
Interest Coverage: 002609's interest payments on its debt are well covered by EBIT (13.7x coverage).