Shenzhen Tagen Group Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Tagen Group has a total shareholder equity of CN¥14.9B and total debt of CN¥15.1B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are CN¥68.8B and CN¥53.9B respectively. Shenzhen Tagen Group's EBIT is CN¥1.0B making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥9.4B.
Key information
101.4%
Debt to equity ratio
CN¥15.11b
Debt
| Interest coverage ratio | 7.7x |
| Cash | CN¥9.37b |
| Equity | CN¥14.89b |
| Total liabilities | CN¥53.91b |
| Total assets | CN¥68.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000090's short term assets (CN¥58.0B) exceed its short term liabilities (CN¥43.2B).
Long Term Liabilities: 000090's short term assets (CN¥58.0B) exceed its long term liabilities (CN¥10.7B).
Debt to Equity History and Analysis
Debt Level: 000090's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 000090's debt to equity ratio has reduced from 135.6% to 101.4% over the past 5 years.
Debt Coverage: 000090's debt is well covered by operating cash flow (29%).
Interest Coverage: 000090's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:49 |
| End of Day Share Price | 2024/12/25 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
Shenzhen Tagen Group Co., Ltd. is covered by 6 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 |
|---|---|
| Ke Zhao | China Merchants Securities Co. Ltd. |
| Cong Chen | Citic Securities Co., Ltd. |
| Yanhong Guo | Founder Securities Co., Ltd. |