Jiin Ming Industry Balance Sheet Health

Financial Health criteria checks 3/6

Jiin Ming Industry has a total shareholder equity of NT$937.5M and total debt of NT$165.8M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are NT$1.3B and NT$337.1M respectively.

Key information

17.7%

Debt to equity ratio

NT$165.84m

Debt

Interest coverage ratio	n/a
Cash	NT$462.87m
Equity	NT$937.47m
Total liabilities	NT$337.06m
Total assets	NT$1.27b

Recent financial health updates

Jiin Ming Industry (GTSM:3230) Seems To Use Debt Quite Sensibly

Dec 29

Recent updates

Here’s What’s Happening With Returns At Jiin Ming Industry (GTSM:3230)

Feb 19

Jiin Ming Industry (GTSM:3230) Seems To Use Debt Quite Sensibly

Dec 29

Financial Position Analysis

Short Term Liabilities: 3230's short term assets (NT$793.1M) exceed its short term liabilities (NT$178.0M).

Long Term Liabilities: 3230's short term assets (NT$793.1M) exceed its long term liabilities (NT$159.0M).

Debt to Equity History and Analysis

Debt Level: 3230 has more cash than its total debt.

Reducing Debt: 3230's debt to equity ratio has increased from 12.9% to 17.7% over the past 5 years.

Debt Coverage: 3230's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 3230's interest payments on its debt are well covered by EBIT.

Jiin Ming Industry Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Jiin Ming Industry (GTSM:3230) Seems To Use Debt Quite Sensibly

Recent updates

Investor sentiment improves as stock rises 22%

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 35%

Second quarter 2024 earnings released: EPS: NT$4.88 (vs NT$0.65 loss in 2Q 2023)

Jiin Ming Industry Co., Ltd. announced that it expects to receive TWD 216.25 million in funding from Universal Textile Co., Ltd.

Jiin Ming Industry Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024

New minor risk - Financial data availability

Jiin Ming Industry Co., Ltd. announced a financing transaction

Jiin Ming Industry Co., Ltd. announced a financing transaction

Third quarter 2023 earnings released: NT$0.88 loss per share (vs NT$0.47 loss in 3Q 2022)

Second quarter 2023 earnings released: NT$0.65 loss per share (vs NT$0.23 loss in 2Q 2022)

Full year 2022 earnings released: NT$1.85 loss per share (vs NT$0.51 loss in FY 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: NT$0.23 loss per share (vs NT$0.23 profit in 2Q 2021)

First quarter 2022 earnings released: NT$0.39 loss per share (vs NT$0.042 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: NT$0.51 loss per share (vs NT$0.21 profit in FY 2020)

Third quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.007 profit in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.18 in 2Q 2020)

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.077 loss in 1Q 2020)

Full year 2020 earnings released: EPS NT$0.21 (vs NT$1.14 loss in FY 2019)

New 90-day high: NT$7.81

New 90-day high: NT$7.00

Here’s What’s Happening With Returns At Jiin Ming Industry (GTSM:3230)

New 90-day low: NT$6.50

Jiin Ming Industry (GTSM:3230) Seems To Use Debt Quite Sensibly

Third quarter 2020 earnings released: EPS NT$0.004

New 90-day high - NT$7.59

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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