Ningbo Tuopu GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Tuopu GroupLtd has a total shareholder equity of CN¥18.8B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥34.7B and CN¥15.8B respectively. Ningbo Tuopu GroupLtd's EBIT is CN¥3.1B making its interest coverage ratio 22.5. It has cash and short-term investments of CN¥3.8B.
Key information
37.6%
Debt to equity ratio
CN¥7.08b
Debt
| Interest coverage ratio | 22.5x |
| Cash | CN¥3.76b |
| Equity | CN¥18.84b |
| Total liabilities | CN¥15.81b |
| Total assets | CN¥34.66b |
Recent financial health updates
Does Ningbo Tuopu GroupLtd (SHSE:601689) Have A Healthy Balance Sheet?
Oct 16
Does Ningbo Tuopu GroupLtd (SHSE:601689) Have A Healthy Balance Sheet?
Jun 21Recent updates
There's Reason For Concern Over Ningbo Tuopu Group Co.,Ltd.'s (SHSE:601689) Massive 30% Price Jump
Jan 22Is There Now An Opportunity In Ningbo Tuopu Group Co.,Ltd. (SHSE:601689)?
Jan 16Ningbo Tuopu GroupLtd (SHSE:601689) Shareholders Will Want The ROCE Trajectory To Continue
Dec 01There's No Escaping Ningbo Tuopu Group Co.,Ltd.'s (SHSE:601689) Muted Earnings Despite A 28% Share Price Rise
Nov 14Ningbo Tuopu GroupLtd's (SHSE:601689) Solid Earnings May Rest On Weak Foundations
Nov 04Does Ningbo Tuopu GroupLtd (SHSE:601689) Have A Healthy Balance Sheet?
Oct 16After Leaping 37% Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) Shares Are Not Flying Under The Radar
Sep 30Does Ningbo Tuopu GroupLtd (SHSE:601689) Deserve A Spot On Your Watchlist?
Sep 17Ningbo Tuopu Group Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 30Analyst Estimates: Here's What Brokers Think Of Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) After Its Second-Quarter Report
Jul 24Ningbo Tuopu GroupLtd (SHSE:601689) Is Looking To Continue Growing Its Returns On Capital
Jul 12Does Ningbo Tuopu GroupLtd (SHSE:601689) Have A Healthy Balance Sheet?
Jun 21Risks To Shareholder Returns Are Elevated At These Prices For Ningbo Tuopu Group Co.,Ltd. (SHSE:601689)
Jun 05Is There Now An Opportunity In Ningbo Tuopu Group Co.,Ltd. (SHSE:601689)?
May 21Ningbo Tuopu GroupLtd's (SHSE:601689) Profits May Not Reveal Underlying Issues
May 03Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 24Here's Why We Think Ningbo Tuopu GroupLtd (SHSE:601689) Might Deserve Your Attention Today
Apr 10Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) Just Released Its Annual Earnings: Here's What Analysts Think
Mar 19There's Reason For Concern Over Ningbo Tuopu Group Co.,Ltd.'s (SHSE:601689) Massive 27% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 601689's short term assets (CN¥16.4B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 601689's short term assets (CN¥16.4B) exceed its long term liabilities (CN¥4.5B).
Debt to Equity History and Analysis
Debt Level: 601689's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: 601689's debt to equity ratio has increased from 10.2% to 37.6% over the past 5 years.
Debt Coverage: 601689's debt is well covered by operating cash flow (25.5%).
Interest Coverage: 601689's interest payments on its debt are well covered by EBIT (22.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 07:12 |
| End of Day Share Price | 2025/01/27 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Ningbo Tuopu Group Co.,Ltd. is covered by 37 analysts. 24 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 |
|---|---|
| Joey Yang | BofA Global Research |
| Siti Bte Salikin | CFRA Equity Research |
| Fu Yang | Chasing Securities |