Tianjin You Fa Steel Pipe Group Stock Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin You Fa Steel Pipe Group Stock has a total shareholder equity of CN¥7.4B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are CN¥24.0B and CN¥16.6B respectively. Tianjin You Fa Steel Pipe Group Stock's EBIT is CN¥512.9M making its interest coverage ratio 6.2. It has cash and short-term investments of CN¥10.5B.
Key information
50.4%
Debt to equity ratio
CN¥3.72b
Debt
| Interest coverage ratio | 6.2x |
| Cash | CN¥10.54b |
| Equity | CN¥7.37b |
| Total liabilities | CN¥16.60b |
| Total assets | CN¥23.96b |
Recent financial health updates
Recent updates
Fewer Investors Than Expected Jumping On Tianjin You Fa Steel Pipe Group Stock Co., Ltd. (SHSE:601686)
Dec 12
Tianjin You Fa Steel Pipe Group Stock's (SHSE:601686) Soft Earnings Are Actually Better Than They Appear
Nov 05Does Tianjin You Fa Steel Pipe Group Stock (SHSE:601686) Have A Healthy Balance Sheet?
May 27Returns On Capital At Tianjin You Fa Steel Pipe Group Stock (SHSE:601686) Paint A Concerning Picture
Apr 04Tianjin You Fa Steel Pipe Group Stock Co., Ltd.'s (SHSE:601686) Shares Not Telling The Full Story
Feb 27Financial Position Analysis
Short Term Liabilities: 601686's short term assets (CN¥17.1B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: 601686's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 601686 has more cash than its total debt.
Reducing Debt: 601686's debt to equity ratio has increased from 32.4% to 50.4% over the past 5 years.
Debt Coverage: 601686's debt is well covered by operating cash flow (67.4%).
Interest Coverage: 601686's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 23:22 |
| End of Day Share Price | 2024/12/31 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
Tianjin You Fa Steel Pipe Group Stock Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Zu Xue Qiu | Minsheng Securities Co. |