Tianrun Industry Technology Balance Sheet Health
Financial Health criteria checks 6/6
Tianrun Industry Technology has a total shareholder equity of CN¥6.0B and total debt of CN¥848.0M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥8.6B and CN¥2.5B respectively. Tianrun Industry Technology's EBIT is CN¥344.1M making its interest coverage ratio -12.2. It has cash and short-term investments of CN¥1.6B.
Key information
14.0%
Debt to equity ratio
CN¥848.02m
Debt
| Interest coverage ratio | -12.2x |
| Cash | CN¥1.60b |
| Equity | CN¥6.05b |
| Total liabilities | CN¥2.52b |
| Total assets | CN¥8.57b |
Recent financial health updates
Tianrun Industry Technology (SZSE:002283) Seems To Use Debt Rather Sparingly
Jun 07
Is Tianrun Industry Technology (SZSE:002283) Using Too Much Debt?
Feb 27Recent updates
Here's What's Concerning About Tianrun Industry Technology's (SZSE:002283) Returns On Capital
Dec 24Tianrun Industry Technology Co., Ltd.'s (SZSE:002283) Shares Leap 28% Yet They're Still Not Telling The Full Story
Dec 05Tianrun Industry Technology (SZSE:002283) May Have Issues Allocating Its Capital
Aug 01Tianrun Industry Technology (SZSE:002283) Seems To Use Debt Rather Sparingly
Jun 07Earnings Miss: Here's What Tianrun Industry Technology Co., Ltd. (SZSE:002283) Analysts Are Forecasting For This Year
Mar 24Market Might Still Lack Some Conviction On Tianrun Industry Technology Co., Ltd. (SZSE:002283) Even After 29% Share Price Boost
Mar 06Is Tianrun Industry Technology (SZSE:002283) Using Too Much Debt?
Feb 27Financial Position Analysis
Short Term Liabilities: 002283's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002283's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥156.3M).
Debt to Equity History and Analysis
Debt Level: 002283 has more cash than its total debt.
Reducing Debt: 002283's debt to equity ratio has reduced from 16.6% to 14% over the past 5 years.
Debt Coverage: 002283's debt is well covered by operating cash flow (98.2%).
Interest Coverage: 002283 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:05 |
| End of Day Share Price | 2024/12/24 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
Tianrun Industry Technology Co., Ltd. is covered by 12 analysts. 2 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 |
|---|---|
| Junfang Gao | Avic Securities Co., Ltd |
| Xue Deng | China International Capital Corporation Limited |
| Ying Luo | China Merchants Securities Co. Ltd. |