Jiangsu Tongda Power TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Tongda Power TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥101.4M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥2.0B and CN¥765.0M respectively. Jiangsu Tongda Power TechnologyLtd's EBIT is CN¥43.8M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥425.3M.
Key information
8.3%
Debt to equity ratio
CN¥101.44m
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥425.33m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥764.98m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Jiangsu Tongda Power Technology Co.,Ltd. (SZSE:002576) With Shares Advancing 27%
Dec 24
Jiangsu Tongda Power TechnologyLtd (SZSE:002576) Might Have The Makings Of A Multi-Bagger
Dec 18There May Be Some Bright Spots In Jiangsu Tongda Power TechnologyLtd's (SZSE:002576) Earnings
Nov 04Unpleasant Surprises Could Be In Store For Jiangsu Tongda Power Technology Co.,Ltd.'s (SZSE:002576) Shares
Sep 30Jiangsu Tongda Power TechnologyLtd (SZSE:002576) Is Doing The Right Things To Multiply Its Share Price
Jul 26Why Jiangsu Tongda Power TechnologyLtd's (SZSE:002576) Earnings Are Better Than They Seem
Apr 04There's No Escaping Jiangsu Tongda Power Technology Co.,Ltd.'s (SZSE:002576) Muted Earnings Despite A 28% Share Price Rise
Mar 07Financial Position Analysis
Short Term Liabilities: 002576's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥741.8M).
Long Term Liabilities: 002576's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥23.1M).
Debt to Equity History and Analysis
Debt Level: 002576 has more cash than its total debt.
Reducing Debt: 002576's debt to equity ratio has increased from 0% to 8.3% over the past 5 years.
Debt Coverage: 002576's debt is well covered by operating cash flow (349.4%).
Interest Coverage: 002576 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 | 2025/01/03 21:40 |
| End of Day Share Price | 2025/01/03 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
Jiangsu Tongda Power 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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