Tongqinglou Catering Balance Sheet Health
Financial Health criteria checks 2/6
Tongqinglou Catering has a total shareholder equity of CN¥2.2B and total debt of CN¥951.2M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥5.0B and CN¥2.7B respectively. Tongqinglou Catering's EBIT is CN¥280.6M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥62.5M.
Key information
42.9%
Debt to equity ratio
CN¥951.17m
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥62.54m |
| Equity | CN¥2.22b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Tongqinglou Catering Co., Ltd. (SHSE:605108) Soars 27% But It's A Story Of Risk Vs Reward
Nov 15
Tongqinglou Catering's (SHSE:605108) Problems Go Beyond Weak Profit
Nov 02Tongqinglou Catering Co., Ltd.'s (SHSE:605108) Shares Leap 32% Yet They're Still Not Telling The Full Story
Oct 01Should You Be Adding Tongqinglou Catering (SHSE:605108) To Your Watchlist Today?
Jul 25Why Tongqinglou Catering's (SHSE:605108) Earnings Are Weaker Than They Seem
May 02Here's What's Concerning About Tongqinglou Catering's (SHSE:605108) Returns On Capital
Apr 28Investors Still Waiting For A Pull Back In Tongqinglou Catering Co., Ltd. (SHSE:605108)
Apr 09Financial Position Analysis
Short Term Liabilities: 605108's short term assets (CN¥623.6M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 605108's short term assets (CN¥623.6M) do not cover its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 605108's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: 605108's debt to equity ratio has increased from 0.03% to 42.9% over the past 5 years.
Debt Coverage: 605108's debt is well covered by operating cash flow (61.9%).
Interest Coverage: 605108's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:13 |
| End of Day Share Price | 2024/12/25 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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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
Tongqinglou Catering Co., Ltd. is covered by 8 analysts. 5 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 |
|---|---|
| Ximin Gu | China Galaxy Securities Co., Ltd. |
| Sijie Lin | China International Capital Corporation Limited |
| Guang Zeng | Guosen Securities Co., Ltd. |