Tsann Kuen (China) Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Tsann Kuen (China) Enterprise has a total shareholder equity of CN¥1.5B and total debt of CN¥21.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.0B respectively. Tsann Kuen (China) Enterprise's EBIT is CN¥90.3M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.2B.
Key information
1.4%
Debt to equity ratio
CN¥21.68m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥1.19b |
| Equity | CN¥1.52b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥2.55b |
Recent financial health updates
No updates
Recent updates
Tsann Kuen (China) Enterprise Co., Ltd.'s (SZSE:200512) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Oct 18
We Think That There Are Some Issues For Tsann Kuen (China) Enterprise (SZSE:200512) Beyond Its Promising Earnings
Aug 16Lacklustre Performance Is Driving Tsann Kuen (China) Enterprise Co., Ltd.'s (SZSE:200512) Low P/E
Jun 06Financial Position Analysis
Short Term Liabilities: 200512's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥638.6M).
Long Term Liabilities: 200512's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥393.3M).
Debt to Equity History and Analysis
Debt Level: 200512 has more cash than its total debt.
Reducing Debt: 200512's debt to equity ratio has increased from 1% to 1.4% over the past 5 years.
Debt Coverage: 200512's debt is well covered by operating cash flow (583.5%).
Interest Coverage: 200512 earns more interest than it pays, so coverage of interest payments is not a concern.