Jiangsu United Water TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Jiangsu United Water TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥856.7M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are CN¥3.7B and CN¥1.9B respectively. Jiangsu United Water TechnologyLtd's EBIT is CN¥168.7M making its interest coverage ratio 5. It has cash and short-term investments of CN¥140.1M.
Key information
47.5%
Debt to equity ratio
CN¥856.66m
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥140.09m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥3.68b |
Recent financial health updates
Recent updates
Insufficient Growth At Jiangsu United Water Technology Co.,Ltd. (SHSE:603291) Hampers Share Price
Dec 17
Jiangsu United Water TechnologyLtd (SHSE:603291) Might Be Having Difficulty Using Its Capital Effectively
Jul 29Is Jiangsu United Water TechnologyLtd (SHSE:603291) A Risky Investment?
Jun 20Estimating The Intrinsic Value Of Jiangsu United Water Technology Co.,Ltd. (SHSE:603291)
Mar 28Financial Position Analysis
Short Term Liabilities: 603291's short term assets (CN¥719.7M) do not cover its short term liabilities (CN¥740.5M).
Long Term Liabilities: 603291's short term assets (CN¥719.7M) do not cover its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603291's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 603291's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603291's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 603291's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:13 |
| End of Day Share Price | 2024/12/20 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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Industry and Sector Metrics
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Analyst Sources
Jiangsu United Water Technology Co.,Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Jiayuan Yan | Minsheng Securities Co. |