Toread Holdings Group Balance Sheet Health
Financial Health criteria checks 5/6
Toread Holdings Group has a total shareholder equity of CN¥2.0B and total debt of CN¥159.9M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥2.7B and CN¥684.2M respectively. Toread Holdings Group's EBIT is CN¥77.5M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥909.6M.
Key information
7.9%
Debt to equity ratio
CN¥159.90m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥909.65m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥684.23m |
| Total assets | CN¥2.70b |
Recent financial health updates
Recent updates
Here's Why Toread Holdings Group (SZSE:300005) Has Caught The Eye Of Investors
Dec 19
Toread Holdings Group's (SZSE:300005) Solid Profits Have Weak Fundamentals
Nov 05Toread Holdings Group Co., Ltd.'s (SZSE:300005) 54% Price Boost Is Out Of Tune With Earnings
Oct 08Is Toread Holdings Group (SZSE:300005) Using Too Much Debt?
Sep 19Toread Holdings Group Co., Ltd.'s (SZSE:300005) 31% Price Boost Is Out Of Tune With Earnings
Aug 22Is There Now An Opportunity In Toread Holdings Group Co., Ltd. (SZSE:300005)?
Jun 07Toread Holdings Group Co., Ltd.'s (SZSE:300005) 30% Share Price Surge Not Quite Adding Up
May 21Solid Earnings Reflect Toread Holdings Group's (SZSE:300005) Strength As A Business
May 02Returns On Capital Are Showing Encouraging Signs At Toread Holdings Group (SZSE:300005)
Apr 16Toread Holdings Group Co., Ltd.'s (SZSE:300005) 30% Price Boost Is Out Of Tune With Earnings
Mar 06Financial Position Analysis
Short Term Liabilities: 300005's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥519.3M).
Long Term Liabilities: 300005's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥164.9M).
Debt to Equity History and Analysis
Debt Level: 300005 has more cash than its total debt.
Reducing Debt: 300005's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.
Debt Coverage: 300005's debt is well covered by operating cash flow (138.4%).
Interest Coverage: 300005 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 18:00 |
| 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
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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
Toread Holdings Group Co., Ltd. is covered by 18 analysts. 2 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 |
|---|---|
| Yibo Yuan | Bohai Securities Co., Ltd. |
| Yu Lei | Changjiang Securities Co. LTD. |
| Sijie Lin | China International Capital Corporation Limited |