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.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

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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Chart evolution

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Assets

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Liabilities

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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) ?
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) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

59.6%

Solvency indicators evolution
JINWANG EUROPE

Sector positioning

Debt ratio
29.3 2022
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 years 2020
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) ?
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

Sector positioning

Liquidity ratio
51.52 2022
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
-0.06x 2020
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) ?
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

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:

Frequently asked questions about JINWANG EUROPE

What is the revenue of JINWANG EUROPE ?

The revenue of JINWANG EUROPE in 2020 is 1.7 M€.

Is JINWANG EUROPE profitable?

JINWANG EUROPE recorded a net loss in 2022.

Where is the headquarters of JINWANG EUROPE ?

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.