Tayho Advanced Materials Group Balance Sheet Health
Financial Health criteria checks 4/6
Tayho Advanced Materials Group has a total shareholder equity of CN¥7.9B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥14.7B and CN¥6.8B respectively. Tayho Advanced Materials Group's EBIT is CN¥61.4M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥2.1B.
Key information
47.8%
Debt to equity ratio
CN¥3.76b
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥2.09b |
| Equity | CN¥7.87b |
| Total liabilities | CN¥6.82b |
| Total assets | CN¥14.70b |
Recent financial health updates
Recent updates
Why Tayho Advanced Materials Group's (SZSE:002254) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) Not Lagging Market On Growth Or Pricing
Sep 24Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) Analysts Are More Bearish Than They Used To Be
Aug 20The Price Is Right For Tayho Advanced Materials Group Co., Ltd. (SZSE:002254)
Jun 20Is Tayho Advanced Materials Group (SZSE:002254) Using Too Much Debt?
May 27Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) Analysts Just Slashed This Year's Estimates
May 06Tayho Advanced Materials Group's (SZSE:002254) Problems Go Beyond Weak Profit
May 05Here's What Analysts Are Forecasting For Tayho Advanced Materials Group Co., Ltd. (SZSE:002254) Following Its Earnings Miss
May 01Lacklustre Performance Is Driving Tayho Advanced Materials Group Co., Ltd.'s (SZSE:002254) Low P/E
Mar 06Financial Position Analysis
Short Term Liabilities: 002254's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 002254's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 002254's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: 002254's debt to equity ratio has increased from 28.3% to 47.8% over the past 5 years.
Debt Coverage: 002254's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 002254 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 | 2024/12/20 08:57 |
| End of Day Share Price | 2024/12/20 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tayho Advanced Materials Group Co., Ltd. is covered by 20 analysts. 4 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 |
|---|---|
| Xiang Zhang | Changjiang Securities Co. LTD. |
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Tangyi Li | China International Capital Corporation Limited |