Ningbo Tuopu GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Tuopu GroupLtd has a total shareholder equity of CN¥18.1B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥34.1B and CN¥16.0B respectively. Ningbo Tuopu GroupLtd's EBIT is CN¥2.7B making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥5.7B.
Key information
39.3%
Debt to equity ratio
CN¥7.12b
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥5.69b |
| Equity | CN¥18.10b |
| Total liabilities | CN¥15.99b |
| Total assets | CN¥34.09b |
Recent financial health updates
Recent updates
Does Ningbo Tuopu GroupLtd (SHSE:601689) Deserve A Spot On Your Watchlist?
Sep 17
Ningbo 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¥16.2B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 601689's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 601689's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 601689's debt to equity ratio has increased from 10.8% to 39.3% over the past 5 years.
Debt Coverage: 601689's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 601689's interest payments on its debt are well covered by EBIT (16.1x coverage).