Jiangsu Innovative Ecological New Materials Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Innovative Ecological New Materials has a total shareholder equity of CN¥224.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥245.8M and CN¥21.6M respectively. Jiangsu Innovative Ecological New Materials's EBIT is CN¥13.8M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥98.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥98.89m |
| Equity | CN¥224.26m |
| Total liabilities | CN¥21.57m |
| Total assets | CN¥245.83m |
Recent financial health updates
No updates
Recent updates
These Return Metrics Don't Make Jiangsu Innovative Ecological New Materials (HKG:2116) Look Too Strong
Sep 26
Jiangsu Innovative Ecological New Materials Limited (HKG:2116) Investors Are Less Pessimistic Than Expected
Jul 16We Like Jiangsu Innovative Ecological New Materials' (HKG:2116) Earnings For More Than Just Statutory Profit
Apr 30A Look At The Fair Value Of Jiangsu Innovative Ecological New Materials Limited (HKG:2116)
Mar 20Pinning Down Jiangsu Innovative Ecological New Materials Limited's (HKG:2116) P/E Is Difficult Right Now
Jan 18Calculating The Intrinsic Value Of Jiangsu Innovative Ecological New Materials Limited (HKG:2116)
Oct 24Jiangsu Innovative Ecological New Materials (HKG:2116) Is Reinvesting At Lower Rates Of Return
Aug 30Jiangsu Innovative Ecological New Materials (HKG:2116) Might Be Having Difficulty Using Its Capital Effectively
May 30Here's What's Concerning About Jiangsu Innovative Ecological New Materials' (HKG:2116) Returns On Capital
Jan 17Jiangsu Innovative Ecological New Materials (HKG:2116) Might Be Having Difficulty Using Its Capital Effectively
Sep 25Calculating The Intrinsic Value Of Jiangsu Innovative Ecological New Materials Limited (HKG:2116)
Mar 09Jiangsu Innovative Ecological New Materials (HKG:2116) Could Be Struggling To Allocate Capital
Dec 28Returns On Capital Signal Tricky Times Ahead For Jiangsu Innovative Ecological New Materials (HKG:2116)
Aug 19Jiangsu Innovative Ecological New Materials (HKG:2116) May Have Issues Allocating Its Capital
Apr 20Here's What To Make Of Jiangsu Innovative Ecological New Materials' (HKG:2116) Returns On Capital
Jan 20Financial Position Analysis
Short Term Liabilities: 2116's short term assets (CN¥201.5M) exceed its short term liabilities (CN¥18.3M).
Long Term Liabilities: 2116's short term assets (CN¥201.5M) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 2116 is debt free.
Reducing Debt: 2116 had no debt 5 years ago.
Debt Coverage: 2116 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2116 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jiangsu Innovative Ecological New Materials Limited is covered by 0 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.
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