Guangdong Tengen Industrial GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Tengen Industrial GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥151.1M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are CN¥1.6B and CN¥346.9M respectively. Guangdong Tengen Industrial GroupLtd's EBIT is CN¥25.5M making its interest coverage ratio 9.2. It has cash and short-term investments of CN¥294.4M.
Key information
12.2%
Debt to equity ratio
CN¥151.07m
Debt
Interest coverage ratio | 9.2x |
Cash | CN¥294.37m |
Equity | CN¥1.23b |
Total liabilities | CN¥346.93m |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003003's short term assets (CN¥819.7M) exceed its short term liabilities (CN¥247.1M).
Long Term Liabilities: 003003's short term assets (CN¥819.7M) exceed its long term liabilities (CN¥99.8M).
Debt to Equity History and Analysis
Debt Level: 003003 has more cash than its total debt.
Reducing Debt: 003003's debt to equity ratio has increased from 1% to 12.2% over the past 5 years.
Debt Coverage: 003003's debt is well covered by operating cash flow (170.7%).
Interest Coverage: 003003's interest payments on its debt are well covered by EBIT (9.2x coverage).