Jiangsu Azure Corporation

SZSE:002245 Stock Report

Market Cap: CN¥8.3b

Jiangsu Azure Balance Sheet Health

Financial Health criteria checks 6/6

Jiangsu Azure has a total shareholder equity of CN¥6.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥10.4B and CN¥3.5B respectively. Jiangsu Azure's EBIT is CN¥276.8M making its interest coverage ratio -21.7. It has cash and short-term investments of CN¥1.5B.

Key information

21.9%

Debt to equity ratio

CN¥1.52b

Debt

Interest coverage ratio-21.7x
CashCN¥1.50b
EquityCN¥6.91b
Total liabilitiesCN¥3.48b
Total assetsCN¥10.38b

Recent financial health updates

Recent updates

These 4 Measures Indicate That Jiangsu Azure (SZSE:002245) Is Using Debt Reasonably Well

Jun 24
These 4 Measures Indicate That Jiangsu Azure (SZSE:002245) Is Using Debt Reasonably Well

The Returns On Capital At Jiangsu Azure (SZSE:002245) Don't Inspire Confidence

Jun 04
The Returns On Capital At Jiangsu Azure (SZSE:002245) Don't Inspire Confidence

Jiangsu Azure's (SZSE:002245) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 09
Jiangsu Azure's (SZSE:002245) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Jiangsu Azure Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 05
Jiangsu Azure Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Investors Appear Satisfied With Jiangsu Azure Corporation's (SZSE:002245) Prospects

Feb 29
Investors Appear Satisfied With Jiangsu Azure Corporation's (SZSE:002245) Prospects

Financial Position Analysis

Short Term Liabilities: 002245's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.0B).

Long Term Liabilities: 002245's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥500.0M).


Debt to Equity History and Analysis

Debt Level: 002245's net debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 002245's debt to equity ratio has reduced from 66.7% to 21.9% over the past 5 years.

Debt Coverage: 002245's debt is well covered by operating cash flow (58.2%).

Interest Coverage: 002245 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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