Shijiazhuang Tonhe Electronics TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shijiazhuang Tonhe Electronics TechnologiesLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥222.4M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are CN¥2.0B and CN¥860.8M respectively. Shijiazhuang Tonhe Electronics TechnologiesLtd's EBIT is CN¥52.7M making its interest coverage ratio 15. It has cash and short-term investments of CN¥169.6M.
Key information
19.7%
Debt to equity ratio
CN¥222.41m
Debt
| Interest coverage ratio | 15x |
| Cash | CN¥169.60m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥860.79m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Recent updates
Shijiazhuang Tonhe Electronics TechnologiesLtd's (SZSE:300491) Problems Go Beyond Weak Profit
Nov 06
Shijiazhuang Tonhe Electronics Technologies Co.,Ltd.'s (SZSE:300491) Subdued P/E Might Signal An Opportunity
Sep 30Shijiazhuang Tonhe Electronics TechnologiesLtd (SZSE:300491) Strong Profits May Be Masking Some Underlying Issues
May 03Is Now The Time To Put Shijiazhuang Tonhe Electronics TechnologiesLtd (SZSE:300491) On Your Watchlist?
Apr 17Earnings Tell The Story For Shijiazhuang Tonhe Electronics Technologies Co.,Ltd. (SZSE:300491) As Its Stock Soars 27%
Mar 18Financial Position Analysis
Short Term Liabilities: 300491's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥791.9M).
Long Term Liabilities: 300491's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥68.9M).
Debt to Equity History and Analysis
Debt Level: 300491's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 300491's debt to equity ratio has increased from 4.7% to 19.7% over the past 5 years.
Debt Coverage: 300491's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 300491's interest payments on its debt are well covered by EBIT (15x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:37 |
| 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
Shijiazhuang Tonhe Electronics Technologies Co.,Ltd. is covered by 7 analysts. 4 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 |
|---|---|
| Yingdong Wang | China International Capital Corporation Limited |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |