Centre Testing International Group Balance Sheet Health
Financial Health criteria checks 5/6
Centre Testing International Group has a total shareholder equity of CN¥7.0B and total debt of CN¥119.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥8.9B and CN¥2.0B respectively. Centre Testing International Group's EBIT is CN¥806.7M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥898.6M.
Key information
1.7%
Debt to equity ratio
CN¥119.48m
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥898.56m |
| Equity | CN¥6.97b |
| Total liabilities | CN¥1.96b |
| Total assets | CN¥8.93b |
Recent financial health updates
We Think Centre Testing International Group (SZSE:300012) Can Stay On Top Of Its Debt
Nov 21
Is Centre Testing International Group (SZSE:300012) A Risky Investment?
Mar 14Recent updates
Centre Testing International Group (SZSE:300012) Hasn't Managed To Accelerate Its Returns
Jan 02Should You Think About Buying Centre Testing International Group Co. Ltd. (SZSE:300012) Now?
Dec 20We Think Centre Testing International Group (SZSE:300012) Can Stay On Top Of Its Debt
Nov 21Centre Testing International Group Co. Ltd.'s (SZSE:300012) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Oct 13The Returns At Centre Testing International Group (SZSE:300012) Aren't Growing
Sep 24Little Excitement Around Centre Testing International Group Co. Ltd.'s (SZSE:300012) Earnings
Aug 28A Look At The Fair Value Of Centre Testing International Group Co. Ltd. (SZSE:300012)
Aug 05Investors Met With Slowing Returns on Capital At Centre Testing International Group (SZSE:300012)
Jun 04Centre Testing International Group's (SZSE:300012) Shareholders Will Receive A Bigger Dividend Than Last Year
May 22At CN¥12.48, Is It Time To Put Centre Testing International Group Co. Ltd. (SZSE:300012) On Your Watch List?
May 13Earnings Troubles May Signal Larger Issues for Centre Testing International Group (SZSE:300012) Shareholders
Apr 25Centre Testing International Group Co. Ltd. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next
Apr 21A Look At The Fair Value Of Centre Testing International Group Co. Ltd. (SZSE:300012)
Mar 28Is Centre Testing International Group (SZSE:300012) A Risky Investment?
Mar 14Returns On Capital Are Showing Encouraging Signs At Centre Testing International Group (SZSE:300012)
Feb 28Financial Position Analysis
Short Term Liabilities: 300012's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300012's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥505.9M).
Debt to Equity History and Analysis
Debt Level: 300012 has more cash than its total debt.
Reducing Debt: 300012's debt to equity ratio has increased from 0.4% to 1.7% over the past 5 years.
Debt Coverage: 300012's debt is well covered by operating cash flow (829.6%).
Interest Coverage: 300012 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 | 2025/01/02 23:45 |
| End of Day Share Price | 2025/01/02 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Centre Testing International Group Co. Ltd. is covered by 29 analysts. 15 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 |
|---|---|
| Yikai Liu | BofA Global Research |
| Christeen So | CCB International Securities Limited |
| Ke Xu | Changjiang Securities Co. LTD. |