Jiangsu Azure Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Azure has a total shareholder equity of CN¥7.1B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥10.7B and CN¥3.7B respectively. Jiangsu Azure's EBIT is CN¥300.4M making its interest coverage ratio 151.8. It has cash and short-term investments of CN¥1.3B.
Key information
20.1%
Debt to equity ratio
CN¥1.42b
Debt
| Interest coverage ratio | 151.8x |
| Cash | CN¥1.32b |
| Equity | CN¥7.06b |
| Total liabilities | CN¥3.65b |
| Total assets | CN¥10.71b |
Recent financial health updates
We Think Jiangsu Azure (SZSE:002245) Can Stay On Top Of Its Debt
Dec 12
These 4 Measures Indicate That Jiangsu Azure (SZSE:002245) Is Using Debt Reasonably Well
Jun 24Recent updates
We Think Jiangsu Azure (SZSE:002245) Can Stay On Top Of Its Debt
Dec 12Investors Appear Satisfied With Jiangsu Azure Corporation's (SZSE:002245) Prospects As Shares Rocket 43%
Nov 22Jiangsu Azure's (SZSE:002245) Earnings Are Of Questionable Quality
Nov 04Earnings Tell The Story For Jiangsu Azure Corporation (SZSE:002245) As Its Stock Soars 36%
Oct 08At CN¥7.37, Is It Time To Put Jiangsu Azure Corporation (SZSE:002245) On Your Watch List?
Sep 26These 4 Measures Indicate That Jiangsu Azure (SZSE:002245) Is Using Debt Reasonably Well
Jun 24The Returns On Capital At Jiangsu Azure (SZSE:002245) Don't Inspire Confidence
Jun 04Jiangsu Azure's (SZSE:002245) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 09Jiangsu Azure Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 05Investors Appear Satisfied With Jiangsu Azure Corporation's (SZSE:002245) Prospects
Feb 29Financial Position Analysis
Short Term Liabilities: 002245's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002245's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥430.3M).
Debt to Equity History and Analysis
Debt Level: 002245's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 002245's debt to equity ratio has reduced from 72.4% to 20.1% over the past 5 years.
Debt Coverage: 002245's debt is well covered by operating cash flow (58%).
Interest Coverage: 002245's interest payments on its debt are well covered by EBIT (151.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:00 |
| End of Day Share Price | 2024/12/19 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
Jiangsu Azure Corporation is covered by 22 analysts. 7 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 |
|---|---|
| Xin Zhang | AJ Securities Co., Ltd |
| Yanli Qi | Bohai Securities Co., Ltd. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |