Zhuzhou Tianqiao Crane Balance Sheet Health
Financial Health criteria checks 6/6
Zhuzhou Tianqiao Crane has a total shareholder equity of CN¥2.4B and total debt of CN¥194.7M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥4.6B and CN¥2.2B respectively. Zhuzhou Tianqiao Crane's EBIT is CN¥53.1M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥692.1M.
Key information
8.0%
Debt to equity ratio
CN¥194.71m
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥692.14m |
| Equity | CN¥2.42b |
| Total liabilities | CN¥2.16b |
| Total assets | CN¥4.58b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Zhuzhou Tianqiao Crane (SZSE:002523) Is Using Debt Safely
Dec 26
What Zhuzhou Tianqiao Crane Co., Ltd.'s (SZSE:002523) 28% Share Price Gain Is Not Telling You
Dec 05Statutory Profit Doesn't Reflect How Good Zhuzhou Tianqiao Crane's (SZSE:002523) Earnings Are
Nov 06Zhuzhou Tianqiao Crane (SZSE:002523) Has Affirmed Its Dividend Of CN¥0.015
Jun 24Zhuzhou Tianqiao Crane's (SZSE:002523) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 25What Zhuzhou Tianqiao Crane Co., Ltd.'s (SZSE:002523) 26% Share Price Gain Is Not Telling You
Mar 08Estimating The Fair Value Of Zhuzhou Tianqiao Crane Co., Ltd. (SZSE:002523)
Feb 27Financial Position Analysis
Short Term Liabilities: 002523's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002523's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥116.5M).
Debt to Equity History and Analysis
Debt Level: 002523 has more cash than its total debt.
Reducing Debt: 002523's debt to equity ratio has reduced from 8.9% to 8% over the past 5 years.
Debt Coverage: 002523's debt is well covered by operating cash flow (161.3%).
Interest Coverage: 002523 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 | 2025/01/10 05:37 |
| End of Day Share Price | 2025/01/10 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
Zhuzhou Tianqiao Crane Co., Ltd. is covered by 2 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 |
|---|---|
| Shang Wen Cheng | Industrial Securities Co. Ltd. |
| Yaguang Dong | Sinolink Securities Co., Ltd. |