Jiangsu Etern Company Limited

XSSC:600105 Stock Report

Market Cap: CN¥6.8b

Jiangsu Etern Balance Sheet Health

Financial Health criteria checks 2/6

Jiangsu Etern has a total shareholder equity of CN¥3.2B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are CN¥8.3B and CN¥5.1B respectively. Jiangsu Etern's EBIT is CN¥162.5M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥1.2B.

Key information

109.0%

Debt to equity ratio

CN¥3.45b

Debt

Interest coverage ratio6.1x
CashCN¥1.21b
EquityCN¥3.17b
Total liabilitiesCN¥5.14b
Total assetsCN¥8.31b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600105's short term assets (CN¥4.0B) do not cover its short term liabilities (CN¥4.3B).

Long Term Liabilities: 600105's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥839.8M).


Debt to Equity History and Analysis

Debt Level: 600105's net debt to equity ratio (70.7%) is considered high.

Reducing Debt: 600105's debt to equity ratio has increased from 52.6% to 109% over the past 5 years.

Debt Coverage: 600105's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600105's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Discover healthy companies