Sanhe Tongfei Refrigeration Balance Sheet Health
Financial Health criteria checks 5/6
Sanhe Tongfei Refrigeration has a total shareholder equity of CN¥1.8B and total debt of CN¥7.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥2.2B and CN¥442.3M respectively. Sanhe Tongfei Refrigeration's EBIT is CN¥109.2M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥398.4M.
Key information
0.4%
Debt to equity ratio
CN¥7.09m
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥398.41m |
| Equity | CN¥1.78b |
| Total liabilities | CN¥442.31m |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Recent updates
Sanhe Tongfei Refrigeration Co., Ltd.'s (SZSE:300990) P/E Is On The Mark
Dec 24
The Returns On Capital At Sanhe Tongfei Refrigeration (SZSE:300990) Don't Inspire Confidence
Oct 21Getting In Cheap On Sanhe Tongfei Refrigeration Co., Ltd. (SZSE:300990) Might Be Difficult
Sep 24Some Investors May Be Worried About Sanhe Tongfei Refrigeration's (SZSE:300990) Returns On Capital
Jun 26What You Can Learn From Sanhe Tongfei Refrigeration Co., Ltd.'s (SZSE:300990) P/E
May 28Concerns Surrounding Sanhe Tongfei Refrigeration's (SZSE:300990) Performance
Apr 22Financial Position Analysis
Short Term Liabilities: 300990's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥397.7M).
Long Term Liabilities: 300990's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥44.7M).
Debt to Equity History and Analysis
Debt Level: 300990 has more cash than its total debt.
Reducing Debt: 300990's debt to equity ratio has increased from 0.03% to 0.4% over the past 5 years.
Debt Coverage: 300990's debt is well covered by operating cash flow (3564.1%).
Interest Coverage: 300990 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 09:02 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sanhe Tongfei Refrigeration Co., Ltd. is covered by 4 analysts. 3 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 |
|---|---|
| Chengjia Liang | China Merchants Securities Co. Ltd. |
| Yi Liu | Citic Securities Co., Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |