Employees: 00 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2015-04-01 (11 years)Status: ActiveBusiness sector: Fabrication d'autres produits chimiques inorganiques de base n.c.a.Location: LA VOULTE-SUR-RHONE (07800), Ardeche
JINWANG EUROPE : revenue, balance sheet and financial ratios
JINWANG EUROPE is a French company
founded 11 years ago,
specialized in the sector Fabrication d'autres produits chimiques inorganiques de base n.c.a..
Based in LA VOULTE-SUR-RHONE (07800),
this company of category PME
shows in 2020 a revenue of 1.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - JINWANG EUROPE (SIREN 810743732)
Indicator
2022
2020
2019
2018
2017
Revenue
N/C
1 673 286 €
10 966 438 €
25 037 774 €
19 989 150 €
Net income
-1 665 440 €
-1 006 034 €
-327 234 €
-1 517 354 €
-4 449 348 €
EBITDA
N/C
-3 000 084 €
-3 230 714 €
-5 584 312 €
-3 464 580 €
Net margin
N/C
-60.1%
-3.0%
-6.1%
-22.3%
Revenue and income statement
In 2022, JINWANG EUROPE records a net loss of 1.7 M€. This deficit will reduce equity on the balance sheet.
Net income (2022)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-1 665 440 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 29%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 54%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2022)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
29.302%
Financial autonomy (2022)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
53.805%
Asset age ratio (2022)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2022
Debt ratio
2.462
2.677
0.77
22.997
29.302
Financial autonomy
58.02
61.377
75.896
58.959
53.805
Repayment capacity
-0.077
-0.046
-0.024
-0.825
None
Cash flow / Revenue
-19.363%
-24.432%
-29.591%
-154.631%
None%
Sector positioning
Debt ratio
29.32022
2019
2020
2022
Q1: 0.0
Med: 12.63
Q3: 29.62
Average+48 pts over 3 years
In 2022, the debt ratio of JINWANG EUROPE (29.30) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
53.8%2022
2019
2020
2022
Q1: 24.1%
Med: 53.42%
Q3: 68.1%
Good-29 pts over 3 years
In 2022, the financial autonomy of JINWANG EUROPE (53.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
-0.82 years2020
2019
2020
Q1: 0.0 years
Med: 0.31 years
Q3: 1.52 years
Excellent
In 2020, the repayment capacity of JINWANG EUROPE (-0.82) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 51.52. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2022)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
51.525
Liquidity indicators evolution JINWANG EUROPE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2022
Liquidity ratio
148.779
114.445
105.745
114.307
51.525
Interest coverage
0.0
-6.325
0.0
-0.056
None
Sector positioning
Liquidity ratio
51.522022
2019
2020
2022
Q1: 98.23
Med: 194.03
Q3: 273.23
Watch-11 pts over 3 years
In 2022, the liquidity ratio of JINWANG EUROPE (51.52) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
-0.06x2020
2019
2020
Q1: 0.02x
Med: 1.7x
Q3: 6.58x
Average
In 2020, the interest coverage of JINWANG EUROPE (-0.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2022)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
0 €
Customer credit (2022)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2022)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
0 j
Inventory turnover (2022)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR and payment terms evolution JINWANG EUROPE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2022
Operating WCR
8 810 218 €
5 297 242 €
1 978 345 €
2 760 002 €
0 €
Inventory turnover (days)
134
52
39
124
0
Customer payment term (days)
21
20
27
440
0
Supplier payment term (days)
92
76
74
341
0
Positioning of JINWANG EUROPE in its sector
Comparison with sector Fabrication d'autres produits chimiques inorganiques de base n.c.a.
Similar companies (Fabrication d'autres produits chimiques inorganiques de base n.c.a.)
Compare JINWANG EUROPE with other companies in the same sector:
The headquarters of JINWANG EUROPE is located in LA VOULTE-SUR-RHONE (07800), in the department Ardeche.
Where to find the tax return of JINWANG EUROPE ?
The tax return of JINWANG EUROPE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
In which sector does JINWANG EUROPE operate?
JINWANG EUROPE operates in the sector Fabrication d'autres produits chimiques inorganiques de base n.c.a. (NAF code 20.13B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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