Ningbo Tuopu GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Tuopu GroupLtd has a total shareholder equity of CN¥18.0B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are CN¥34.7B and CN¥16.8B respectively. Ningbo Tuopu GroupLtd's EBIT is CN¥2.8B making its interest coverage ratio 15.7. It has cash and short-term investments of CN¥6.1B.
Key information
42.4%
Debt to equity ratio
CN¥7.62b
Debt
| Interest coverage ratio | 15.7x |
| Cash | CN¥6.06b |
| Equity | CN¥17.96b |
| Total liabilities | CN¥16.76b |
| Total assets | CN¥34.72b |
Recent financial health updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) After Its Second-Quarter Report
Jul 24
Ningbo 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¥16.8B) exceed its short term liabilities (CN¥12.3B).
Long Term Liabilities: 601689's short term assets (CN¥16.8B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 601689's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 601689's debt to equity ratio has increased from 10.8% to 42.4% over the past 5 years.
Debt Coverage: 601689's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 601689's interest payments on its debt are well covered by EBIT (15.7x coverage).