TBEA Balance Sheet Health
Financial Health criteria checks 6/6
TBEA has a total shareholder equity of CN¥91.5B and total debt of CN¥47.3B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are CN¥211.7B and CN¥120.2B respectively. TBEA's EBIT is CN¥9.1B making its interest coverage ratio 8.5. It has cash and short-term investments of CN¥26.3B.
Key information
51.7%
Debt to equity ratio
CN¥47.32b
Debt
| Interest coverage ratio | 8.5x |
| Cash | CN¥26.34b |
| Equity | CN¥91.46b |
| Total liabilities | CN¥120.25b |
| Total assets | CN¥211.71b |
Recent financial health updates
We Think TBEA (SHSE:600089) Is Taking Some Risk With Its Debt
Oct 14
TBEA (SHSE:600089) Has A Somewhat Strained Balance Sheet
Jun 12Recent updates
There's No Escaping TBEA Co., Ltd.'s (SHSE:600089) Muted Earnings
Dec 13We Think TBEA (SHSE:600089) Is Taking Some Risk With Its Debt
Oct 14TBEA (SHSE:600089) Is Doing The Right Things To Multiply Its Share Price
Sep 22TBEA Co., Ltd.'s (SHSE:600089) Prospects Need A Boost To Lift Shares
Aug 13TBEA (SHSE:600089) Has A Somewhat Strained Balance Sheet
Jun 12Insufficient Growth At TBEA Co., Ltd. (SHSE:600089) Hampers Share Price
Mar 18Should You Be Adding TBEA (SHSE:600089) To Your Watchlist Today?
Feb 28Financial Position Analysis
Short Term Liabilities: 600089's short term assets (CN¥88.3B) exceed its short term liabilities (CN¥70.4B).
Long Term Liabilities: 600089's short term assets (CN¥88.3B) exceed its long term liabilities (CN¥49.8B).
Debt to Equity History and Analysis
Debt Level: 600089's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 600089's debt to equity ratio has reduced from 62.3% to 51.7% over the past 5 years.
Debt Coverage: 600089's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 600089's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:00 |
| End of Day Share Price | 2024/12/25 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
TBEA Co., Ltd. is covered by 27 analysts. 5 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 |
|---|---|
| Cheng Shen | BOCI Research Ltd. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |
| Haoyuan Qu | China International Capital Corporation Limited |