Beijing Tianyishangjia New Material Corp., Ltd.

XSSC:688033 Stock Report

Market Cap: CN¥3.7b

Beijing Tianyishangjia New Material Balance Sheet Health

Financial Health criteria checks 3/6

Beijing Tianyishangjia New Material has a total shareholder equity of CN¥4.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥7.6B and CN¥2.9B respectively.

Key information

24.3%

Debt to equity ratio

CN¥1.13b

Debt

Interest coverage ration/a
CashCN¥494.55m
EquityCN¥4.64b
Total liabilitiesCN¥2.95b
Total assetsCN¥7.59b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 688033's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.5B).

Long Term Liabilities: 688033's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥425.7M).


Debt to Equity History and Analysis

Debt Level: 688033's net debt to equity ratio (13.6%) is considered satisfactory.

Reducing Debt: 688033's debt to equity ratio has increased from 0% to 24.3% over the past 5 years.

Debt Coverage: 688033's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 688033's interest payments on its debt are well covered by EBIT.


Balance Sheet


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