Tianjin Binhai Energy & DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Tianjin Binhai Energy & DevelopmentLtd has a total shareholder equity of CN¥296.9M and total debt of CN¥11.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥1.3B and CN¥992.4M respectively. Tianjin Binhai Energy & DevelopmentLtd's EBIT is CN¥1.7M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥15.0M.
Key information
3.7%
Debt to equity ratio
CN¥11.01m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥15.01m |
| Equity | CN¥296.88m |
| Total liabilities | CN¥992.40m |
| Total assets | CN¥1.29b |
Recent financial health updates
No updates
Recent updates
Tianjin Binhai Energy & DevelopmentLtd (SZSE:000695) Will Be Looking To Turn Around Its Returns
Dec 24
What Tianjin Binhai Energy & Development Co.,Ltd's (SZSE:000695) 26% Share Price Gain Is Not Telling You
Nov 17Subdued Growth No Barrier To Tianjin Binhai Energy & Development Co.,Ltd's (SZSE:000695) Price
Jul 17Financial Position Analysis
Short Term Liabilities: 000695's short term assets (CN¥437.8M) do not cover its short term liabilities (CN¥797.8M).
Long Term Liabilities: 000695's short term assets (CN¥437.8M) exceed its long term liabilities (CN¥194.6M).
Debt to Equity History and Analysis
Debt Level: 000695 has more cash than its total debt.
Reducing Debt: 000695's debt to equity ratio has reduced from 10.3% to 3.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 000695 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000695 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:11 |
| End of Day Share Price | 2024/12/26 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 |
| |
| 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
Tianjin Binhai Energy & Development Co.,Ltd is covered by 1 analysts. 0 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 |
|---|---|
| Junjie Gong | Guodu Securities Co. |