Guizhou Taiyong-Changzheng TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guizhou Taiyong-Changzheng TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥146.3M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥1.8B and CN¥703.2M respectively. Guizhou Taiyong-Changzheng TechnologyLtd's EBIT is CN¥31.6M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥285.6M.
Key information
13.4%
Debt to equity ratio
CN¥146.30m
Debt
| Interest coverage ratio | -2.2x |
| Cash | CN¥285.61m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥703.23m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Recent updates
Guizhou Taiyong-Changzheng TechnologyLtd's (SZSE:002927) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 05
Some Confidence Is Lacking In Guizhou Taiyong-Changzheng Technology Co.,Ltd. (SZSE:002927) As Shares Slide 30%
Jun 27Guizhou Taiyong-Changzheng TechnologyLtd (SZSE:002927) Is Paying Out A Larger Dividend Than Last Year
Jun 07Subdued Growth No Barrier To Guizhou Taiyong-Changzheng Technology Co.,Ltd. (SZSE:002927) With Shares Advancing 28%
May 13Subdued Growth No Barrier To Guizhou Taiyong-Changzheng Technology Co.,Ltd. (SZSE:002927) With Shares Advancing 25%
Mar 06Guizhou Taiyong-Changzheng TechnologyLtd (SZSE:002927) Might Be Having Difficulty Using Its Capital Effectively
Feb 27Financial Position Analysis
Short Term Liabilities: 002927's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥681.6M).
Long Term Liabilities: 002927's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥21.7M).
Debt to Equity History and Analysis
Debt Level: 002927 has more cash than its total debt.
Reducing Debt: 002927's debt to equity ratio has increased from 0% to 13.4% over the past 5 years.
Debt Coverage: 002927's debt is well covered by operating cash flow (91.8%).
Interest Coverage: 002927 earns more interest than it pays, so coverage of interest payments is not a concern.