Shanghai Titan Scientific Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Titan Scientific has a total shareholder equity of CN¥2.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥4.8B and CN¥2.0B respectively. Shanghai Titan Scientific's EBIT is CN¥19.5M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥978.4M.
Key information
51.6%
Debt to equity ratio
CN¥1.47b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥978.44m |
| Equity | CN¥2.86b |
| Total liabilities | CN¥1.98b |
| Total assets | CN¥4.85b |
Recent financial health updates
Recent updates
Shanghai Titan Scientific (SHSE:688133) Has A Somewhat Strained Balance Sheet
Dec 17
Shanghai Titan Scientific Co., Ltd.'s (SHSE:688133) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 01Shanghai Titan Scientific's (SHSE:688133) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 05Returns On Capital Signal Tricky Times Ahead For Shanghai Titan Scientific (SHSE:688133)
Aug 30Shanghai Titan Scientific Co., Ltd. (SHSE:688133) Not Flying Under The Radar
Aug 07At CN¥16.04, Is Shanghai Titan Scientific Co., Ltd. (SHSE:688133) Worth Looking At Closely?
Jun 28Shanghai Titan Scientific Co., Ltd.'s (SHSE:688133) Stock Retreats 27% But Earnings Haven't Escaped The Attention Of Investors
Apr 16Should You Think About Buying Shanghai Titan Scientific Co., Ltd. (SHSE:688133) Now?
Mar 26Financial Position Analysis
Short Term Liabilities: 688133's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688133's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥460.4M).
Debt to Equity History and Analysis
Debt Level: 688133's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 688133's debt to equity ratio has increased from 30.9% to 51.6% over the past 5 years.
Debt Coverage: 688133's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: 688133's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:31 |
| 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
Shanghai Titan Scientific Co., Ltd. is covered by 3 analysts. 3 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 |
|---|---|
| Tangyi Li | China International Capital Corporation Limited |
| Shitong Han | Citic Securities Co., Ltd. |
| Weijia Wang | Huatai Research |