China Tianying Balance Sheet Health
Financial Health criteria checks 1/6
China Tianying has a total shareholder equity of CN¥11.1B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 100.6%. Its total assets and total liabilities are CN¥29.4B and CN¥18.2B respectively. China Tianying's EBIT is CN¥1.1B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.3B.
Key information
100.6%
Debt to equity ratio
CN¥11.18b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥1.33b |
| Equity | CN¥11.12b |
| Total liabilities | CN¥18.25b |
| Total assets | CN¥29.37b |
Recent financial health updates
Is China Tianying (SZSE:000035) A Risky Investment?
Sep 04
China Tianying (SZSE:000035) Has A Somewhat Strained Balance Sheet
Mar 25Recent updates
China Tianying (SZSE:000035) Might Have The Makings Of A Multi-Bagger
Jan 06We Think China Tianying's (SZSE:000035) Solid Earnings Are Understated
Nov 06Market Cool On China Tianying Inc.'s (SZSE:000035) Earnings
Oct 13China Tianying (SZSE:000035) Is Doing The Right Things To Multiply Its Share Price
Sep 25Is China Tianying (SZSE:000035) A Risky Investment?
Sep 04It's A Story Of Risk Vs Reward With China Tianying Inc. (SZSE:000035)
Jul 12China Tianying (SZSE:000035) Is Looking To Continue Growing Its Returns On Capital
May 31China Tianying's (SZSE:000035) Solid Earnings May Rest On Weak Foundations
May 06China Tianying (SZSE:000035) Has A Somewhat Strained Balance Sheet
Mar 25Investors Still Aren't Entirely Convinced By China Tianying Inc.'s (SZSE:000035) Earnings Despite 26% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 000035's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥8.3B).
Long Term Liabilities: 000035's short term assets (CN¥5.5B) do not cover its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 000035's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: 000035's debt to equity ratio has reduced from 172.9% to 100.6% over the past 5 years.
Debt Coverage: 000035's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 000035's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 14:29 |
| End of Day Share Price | 2025/01/09 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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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
China Tianying Inc. is covered by 7 analysts. 1 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 |
|---|---|
| Fei Tong | Changjiang Securities Co. LTD. |
| Weija Wang | Huatai Research |
| Weijia Wang | Huatai Research |