Guangzhou Tinci Materials Technology Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Tinci Materials Technology has a total shareholder equity of CN¥13.4B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥24.0B and CN¥10.6B respectively. Guangzhou Tinci Materials Technology's EBIT is CN¥711.9M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥1.6B.
Key information
46.6%
Debt to equity ratio
CN¥6.24b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥1.58b |
| Equity | CN¥13.38b |
| Total liabilities | CN¥10.60b |
| Total assets | CN¥23.98b |
Recent financial health updates
We Think Guangzhou Tinci Materials Technology (SZSE:002709) Is Taking Some Risk With Its Debt
Dec 10
Here's Why Guangzhou Tinci Materials Technology (SZSE:002709) Has A Meaningful Debt Burden
Aug 22Is Guangzhou Tinci Materials Technology (SZSE:002709) A Risky Investment?
Mar 13Recent updates
We Think Guangzhou Tinci Materials Technology (SZSE:002709) Is Taking Some Risk With Its Debt
Dec 10Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) Looks Just Right With A 34% Price Jump
Nov 22Market Participants Recognise Guangzhou Tinci Materials Technology Co., Ltd.'s (SZSE:002709) Revenues Pushing Shares 46% Higher
Oct 08A Look At The Intrinsic Value Of Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709)
Sep 18Guangzhou Tinci Materials Technology's (SZSE:002709) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 03Here's Why Guangzhou Tinci Materials Technology (SZSE:002709) Has A Meaningful Debt Burden
Aug 22Improved Earnings Required Before Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) Shares Find Their Feet
Jul 30We Like These Underlying Return On Capital Trends At Guangzhou Tinci Materials Technology (SZSE:002709)
Jun 10Is It Time To Consider Buying Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709)?
May 27Guangzhou Tinci Materials Technology Co., Ltd. Just Missed EPS By 57%: Here's What Analysts Think Will Happen Next
Apr 30A Look At The Fair Value Of Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709)
Apr 23Guangzhou Tinci Materials Technology Co., Ltd.'s (SZSE:002709) Shares Bounce 31% But Its Business Still Trails The Market
Apr 09Analysts Are More Bearish On Guangzhou Tinci Materials Technology Co., Ltd. (SZSE:002709) Than They Used To Be
Mar 31Is Guangzhou Tinci Materials Technology (SZSE:002709) A Risky Investment?
Mar 13Financial Position Analysis
Short Term Liabilities: 002709's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 002709's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 002709's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 002709's debt to equity ratio has increased from 40% to 46.6% over the past 5 years.
Debt Coverage: 002709's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 002709's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:18 |
| End of Day Share Price | 2024/12/23 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
Guangzhou Tinci Materials Technology Co., Ltd. is covered by 35 analysts. 12 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 |
|---|---|
| Jimmy Huang | BNP Paribas Securities (Asia) |
| Cheng Shen | BOCI Research Ltd. |
| Miriam Chan | BofA Global Research |