Jiangsu Tongrun Equipment TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Tongrun Equipment TechnologyLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are CN¥4.7B and CN¥2.6B respectively. Jiangsu Tongrun Equipment TechnologyLtd's EBIT is CN¥279.2M making its interest coverage ratio 11.7. It has cash and short-term investments of CN¥1.1B.
Key information
55.4%
Debt to equity ratio
CN¥1.11b
Debt
| Interest coverage ratio | 11.7x |
| Cash | CN¥1.06b |
| Equity | CN¥2.00b |
| Total liabilities | CN¥2.65b |
| Total assets | CN¥4.65b |
Recent financial health updates
Recent updates
Jiangsu Tongrun Equipment TechnologyLtd's (SZSE:002150) Earnings Are Of Questionable Quality
Nov 03
Is Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150) A Risky Investment?
Aug 23Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150)
May 01Some Confidence Is Lacking In Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) As Shares Slide 26%
Apr 16Financial Position Analysis
Short Term Liabilities: 002150's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002150's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥741.9M).
Debt to Equity History and Analysis
Debt Level: 002150's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 002150's debt to equity ratio has increased from 1% to 55.4% over the past 5 years.
Debt Coverage: 002150's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 002150's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:37 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Jiangsu Tongrun Equipment Technology Co.,Ltd is covered by 2 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 |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| Jin Ju Sun | Guotai Junan Securities |