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¥260.7M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are CN¥1.7B and CN¥494.6M respectively. Guangdong Tengen Industrial GroupLtd's EBIT is CN¥70.0M making its interest coverage ratio -13.2. It has cash and short-term investments of CN¥437.5M.
Key information
20.8%
Debt to equity ratio
CN¥260.73m
Debt
| Interest coverage ratio | -13.2x |
| Cash | CN¥437.52m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥494.63m |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003003's short term assets (CN¥908.9M) exceed its short term liabilities (CN¥456.1M).
Long Term Liabilities: 003003's short term assets (CN¥908.9M) exceed its long term liabilities (CN¥38.5M).
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 1.3% to 20.8% over the past 5 years.
Debt Coverage: 003003's debt is well covered by operating cash flow (103%).
Interest Coverage: 003003 earns more interest than it pays, so coverage of interest payments is not a concern.