Changzhou Tenglong AutoPartsCo.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Changzhou Tenglong AutoPartsCo.Ltd has a total shareholder equity of CN¥2.5B and total debt of CN¥973.8M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are CN¥4.6B and CN¥2.1B respectively. Changzhou Tenglong AutoPartsCo.Ltd's EBIT is CN¥375.6M making its interest coverage ratio 15.1. It has cash and short-term investments of CN¥449.2M.
Key information
38.9%
Debt to equity ratio
CN¥973.81m
Debt
| Interest coverage ratio | 15.1x |
| Cash | CN¥449.24m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603158's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603158's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥116.1M).
Debt to Equity History and Analysis
Debt Level: 603158's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 603158's debt to equity ratio has increased from 37.8% to 38.9% over the past 5 years.
Debt Coverage: 603158's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 603158's interest payments on its debt are well covered by EBIT (15.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:55 |
| End of Day Share Price | 2024/12/27 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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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
Changzhou Tenglong AutoPartsCo.,Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |
| Yichi Zhang | Haitong International Research Limited |
| Wanbei Ding | Industrial Securities Co. Ltd. |