Changshu Tianyin Electromechanical Co.,Ltd

SZSE:300342 Stock Report

Market Cap: CN¥6.6b

Changshu Tianyin ElectromechanicalLtd Balance Sheet Health

Financial Health criteria checks 6/6

Changshu Tianyin ElectromechanicalLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥52.7M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥2.2B and CN¥657.6M respectively. Changshu Tianyin ElectromechanicalLtd's EBIT is CN¥79.4M making its interest coverage ratio 44.2. It has cash and short-term investments of CN¥209.2M.

Key information

3.4%

Debt to equity ratio

CN¥52.68m

Debt

Interest coverage ratio44.2x
CashCN¥209.22m
EquityCN¥1.55b
Total liabilitiesCN¥657.56m
Total assetsCN¥2.21b

Recent financial health updates

We Think Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Can Manage Its Debt With Ease

Sep 25
We Think Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Can Manage Its Debt With Ease

Recent updates

Some Shareholders Feeling Restless Over Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) P/S Ratio

Jan 08
Some Shareholders Feeling Restless Over Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) P/S Ratio

Here's What's Concerning About Changshu Tianyin ElectromechanicalLtd's (SZSE:300342) Returns On Capital

Dec 17
Here's What's Concerning About Changshu Tianyin ElectromechanicalLtd's (SZSE:300342) Returns On Capital

Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) Shares Climb 48% But Its Business Is Yet to Catch Up

Oct 08
Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) Shares Climb 48% But Its Business Is Yet to Catch Up

We Think Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Can Manage Its Debt With Ease

Sep 25
We Think Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Can Manage Its Debt With Ease

Some Confidence Is Lacking In Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) P/S

Jun 26
Some Confidence Is Lacking In Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) P/S

Returns On Capital At Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Paint A Concerning Picture

May 22
Returns On Capital At Changshu Tianyin ElectromechanicalLtd (SZSE:300342) Paint A Concerning Picture

There May Be Some Bright Spots In Changshu Tianyin ElectromechanicalLtd's (SZSE:300342) Earnings

May 02
There May Be Some Bright Spots In Changshu Tianyin ElectromechanicalLtd's (SZSE:300342) Earnings

Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) 33% Price Boost Is Out Of Tune With Revenues

Mar 04
Changshu Tianyin Electromechanical Co.,Ltd's (SZSE:300342) 33% Price Boost Is Out Of Tune With Revenues

Financial Position Analysis

Short Term Liabilities: 300342's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥628.0M).

Long Term Liabilities: 300342's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥29.6M).

Debt to Equity History and Analysis

Debt Level: 300342 has more cash than its total debt.

Reducing Debt: 300342's debt to equity ratio has reduced from 10.1% to 3.4% over the past 5 years.

Debt Coverage: 300342's debt is well covered by operating cash flow (222.2%).

Interest Coverage: 300342's interest payments on its debt are well covered by EBIT (44.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 23:33
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Changshu Tianyin Electromechanical Co.,Ltd is covered by 3 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.

AnalystInstitution
Jin Ju SunGuotai Junan Securities
Li Cong ZhangHuatai Research
Kang ShiIndustrial Securities Co. Ltd.