Chow Tai Seng Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Chow Tai Seng Jewellery has a total shareholder equity of CN¥6.2B and total debt of CN¥476.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are CN¥8.3B and CN¥2.1B respectively. Chow Tai Seng Jewellery's EBIT is CN¥1.5B making its interest coverage ratio 63.4. It has cash and short-term investments of CN¥1.6B.
Key information
7.7%
Debt to equity ratio
CN¥476.44m
Debt
| Interest coverage ratio | 63.4x |
| Cash | CN¥1.55b |
| Equity | CN¥6.21b |
| Total liabilities | CN¥2.06b |
| Total assets | CN¥8.27b |
Recent financial health updates
Does Chow Tai Seng Jewellery (SZSE:002867) Have A Healthy Balance Sheet?
Dec 09
Chow Tai Seng Jewellery (SZSE:002867) Has A Pretty Healthy Balance Sheet
May 23Recent updates
Does Chow Tai Seng Jewellery (SZSE:002867) Have A Healthy Balance Sheet?
Dec 09There Is A Reason Chow Tai Seng Jewellery Co., Ltd.'s (SZSE:002867) Price Is Undemanding
Oct 30A Look At The Intrinsic Value Of Chow Tai Seng Jewellery Co., Ltd. (SZSE:002867)
Oct 13Here's What Chow Tai Seng Jewellery's (SZSE:002867) Strong Returns On Capital Mean
Sep 24Improved Earnings Required Before Chow Tai Seng Jewellery Co., Ltd. (SZSE:002867) Shares Find Their Feet
Jun 30Chow Tai Seng Jewellery Co., Ltd. (SZSE:002867) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jun 12Chow Tai Seng Jewellery (SZSE:002867) Has A Pretty Healthy Balance Sheet
May 23Chow Tai Seng Jewellery's (SZSE:002867) Solid Earnings May Rest On Weak Foundations
May 02Here's What Chow Tai Seng Jewellery's (SZSE:002867) Strong Returns On Capital Mean
Feb 27Financial Position Analysis
Short Term Liabilities: 002867's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002867's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥74.3M).
Debt to Equity History and Analysis
Debt Level: 002867 has more cash than its total debt.
Reducing Debt: 002867's debt to equity ratio has increased from 2.2% to 7.7% over the past 5 years.
Debt Coverage: 002867's debt is well covered by operating cash flow (327.9%).
Interest Coverage: 002867's interest payments on its debt are well covered by EBIT (63.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:17 |
| 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
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
Chow Tai Seng Jewellery Co., Ltd. is covered by 18 analysts. 11 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 |
|---|---|
| Jin Li | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Weixuan Zhen | China Galaxy Securities Co., Ltd. |