Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited

SHSE:600329 Stock Report

Market Cap: CN¥21.9b

Tianjin Pharmaceutical Da Ren Tang Group Balance Sheet Health

Financial Health criteria checks 5/6

Tianjin Pharmaceutical Da Ren Tang Group has a total shareholder equity of CN¥7.0B and total debt of CN¥625.9M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥11.1B and CN¥4.0B respectively. Tianjin Pharmaceutical Da Ren Tang Group's EBIT is CN¥816.1M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥2.5B.

Key information

8.9%

Debt to equity ratio

CN¥625.93m

Debt

Interest coverage ratio-2.7x
CashCN¥2.46b
EquityCN¥7.03b
Total liabilitiesCN¥4.02b
Total assetsCN¥11.05b

Recent financial health updates

Recent updates

Tianjin Pharmaceutical Da Ren Tang Group (SHSE:600329) Has A Rock Solid Balance Sheet

Jul 05
Tianjin Pharmaceutical Da Ren Tang Group (SHSE:600329) Has A Rock Solid Balance Sheet

Fewer Investors Than Expected Jumping On Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited (SHSE:600329)

Apr 18
Fewer Investors Than Expected Jumping On Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited (SHSE:600329)

Tianjin Pharmaceutical Da Ren Tang Group (SHSE:600329) Has A Rock Solid Balance Sheet

Mar 18
Tianjin Pharmaceutical Da Ren Tang Group (SHSE:600329) Has A Rock Solid Balance Sheet

Financial Position Analysis

Short Term Liabilities: 600329's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥3.7B).

Long Term Liabilities: 600329's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥351.0M).


Debt to Equity History and Analysis

Debt Level: 600329 has more cash than its total debt.

Reducing Debt: 600329's debt to equity ratio has increased from 3.8% to 8.9% over the past 5 years.

Debt Coverage: 600329's debt is well covered by operating cash flow (65.9%).

Interest Coverage: 600329 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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