Tianjin Saixiang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Saixiang TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥20.3M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥2.0B and CN¥657.0M respectively. Tianjin Saixiang TechnologyLtd's EBIT is CN¥40.9M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥679.3M.
Key information
1.5%
Debt to equity ratio
CN¥20.26m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥679.28m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥656.99m |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Recent updates
Tianjin Saixiang Technology Co.,Ltd's (SZSE:002337) Shares Climb 35% But Its Business Is Yet to Catch Up
Dec 16
Tianjin Saixiang TechnologyLtd (SZSE:002337) Is Experiencing Growth In Returns On Capital
Dec 10Getting In Cheap On Tianjin Saixiang Technology Co.,Ltd (SZSE:002337) Is Unlikely
Oct 01We Think You Can Look Beyond Tianjin Saixiang TechnologyLtd's (SZSE:002337) Lackluster Earnings
May 06Tianjin Saixiang Technology Co.,Ltd's (SZSE:002337) 29% Price Boost Is Out Of Tune With Earnings
Mar 18Financial Position Analysis
Short Term Liabilities: 002337's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥645.6M).
Long Term Liabilities: 002337's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥11.4M).
Debt to Equity History and Analysis
Debt Level: 002337 has more cash than its total debt.
Reducing Debt: 002337's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: 002337's debt is well covered by operating cash flow (101.3%).
Interest Coverage: 002337 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 07:35 |
| 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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Industry and Sector Metrics
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Analyst Sources
Tianjin Saixiang Technology Co.,Ltd is covered by 0 analysts. 0 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 |
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