China Television Media Balance Sheet Health
Financial Health criteria checks 5/6
China Television Media has a total shareholder equity of CN¥1.4B and total debt of CN¥45.0M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥1.8B and CN¥393.2M respectively. China Television Media's EBIT is CN¥5.6M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥449.6M.
Key information
3.2%
Debt to equity ratio
CN¥45.00m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥449.61m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥393.18m |
| Total assets | CN¥1.81b |
Recent financial health updates
Recent updates
China Television Media (SHSE:600088) Has Some Difficulty Using Its Capital Effectively
Nov 04
China Television Media, Ltd.'s (SHSE:600088) Shareholders Might Be Looking For Exit
Sep 27China Television Media's (SHSE:600088) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jun 25Does China Television Media (SHSE:600088) Have A Healthy Balance Sheet?
May 24Concerns Surrounding China Television Media's (SHSE:600088) Performance
May 03Pinning Down China Television Media, Ltd.'s (SHSE:600088) P/S Is Difficult Right Now
Mar 24Financial Position Analysis
Short Term Liabilities: 600088's short term assets (CN¥799.5M) exceed its short term liabilities (CN¥301.4M).
Long Term Liabilities: 600088's short term assets (CN¥799.5M) exceed its long term liabilities (CN¥91.7M).
Debt to Equity History and Analysis
Debt Level: 600088 has more cash than its total debt.
Reducing Debt: 600088's debt to equity ratio has increased from 0% to 3.2% over the past 5 years.
Debt Coverage: 600088's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 600088 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:44 |
| 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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Industry and Sector Metrics
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Analyst Sources
China Television Media, Ltd. is covered by 5 analysts. 0 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 |
|---|---|
| Shun Pi | Citic Securities Co., Ltd. |
| Wenjie Ren | First Capital Securities Co. LTD. |
| Ying Jiang | Guodu Securities Co. |