Guangdong Tengen Industrial GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Tengen Industrial GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥242.4M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥1.8B and CN¥566.6M respectively. Guangdong Tengen Industrial GroupLtd's EBIT is CN¥68.4M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥352.6M.
Key information
19.1%
Debt to equity ratio
CN¥242.45m
Debt
| Interest coverage ratio | -9.7x |
| Cash | CN¥352.61m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥566.64m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Guangdong Tengen Industrial GroupLtd (SZSE:003003) Paint A Concerning Picture
Oct 02
Guangdong Tengen Industrial GroupLtd's (SZSE:003003) Earnings Seem To Be Promising
Sep 05Guangdong Tengen Industrial GroupLtd (SZSE:003003) Will Want To Turn Around Its Return Trends
Apr 16Guangdong Tengen Industrial Group Co.,Ltd.'s (SZSE:003003) 27% Price Boost Is Out Of Tune With Earnings
Mar 13Financial Position Analysis
Short Term Liabilities: 003003's short term assets (CN¥793.4M) exceed its short term liabilities (CN¥409.3M).
Long Term Liabilities: 003003's short term assets (CN¥793.4M) exceed its long term liabilities (CN¥157.3M).
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 3.8% to 19.1% over the past 5 years.
Debt Coverage: 003003's debt is well covered by operating cash flow (81.6%).
Interest Coverage: 003003 earns more interest than it pays, so coverage of interest payments is not a concern.