Tasly Pharmaceutical Group Balance Sheet Health
Financial Health criteria checks 6/6
Tasly Pharmaceutical Group has a total shareholder equity of CN¥13.0B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are CN¥16.8B and CN¥3.8B respectively. Tasly Pharmaceutical Group's EBIT is CN¥1.4B making its interest coverage ratio -44.7. It has cash and short-term investments of CN¥5.0B.
Key information
16.2%
Debt to equity ratio
CN¥2.11b
Debt
| Interest coverage ratio | -44.7x |
| Cash | CN¥4.97b |
| Equity | CN¥13.02b |
| Total liabilities | CN¥3.82b |
| Total assets | CN¥16.83b |
Recent financial health updates
Is Tasly Pharmaceutical Group (SHSE:600535) Using Too Much Debt?
Jul 22
Does Tasly Pharmaceutical Group (SHSE:600535) Have A Healthy Balance Sheet?
Mar 15Recent updates
Investors Continue Waiting On Sidelines For Tasly Pharmaceutical Group Co., Ltd (SHSE:600535)
Nov 17Is Tasly Pharmaceutical Group (SHSE:600535) Using Too Much Debt?
Jul 22Estimating The Intrinsic Value Of Tasly Pharmaceutical Group Co., Ltd (SHSE:600535)
Jun 13The Market Doesn't Like What It Sees From Tasly Pharmaceutical Group Co., Ltd's (SHSE:600535) Earnings Yet
May 13Tasly Pharmaceutical Group's (SHSE:600535) Solid Earnings Have Been Accounted For Conservatively
Apr 26Does Tasly Pharmaceutical Group (SHSE:600535) Have A Healthy Balance Sheet?
Mar 15Financial Position Analysis
Short Term Liabilities: 600535's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 600535's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥456.4M).
Debt to Equity History and Analysis
Debt Level: 600535 has more cash than its total debt.
Reducing Debt: 600535's debt to equity ratio has reduced from 71% to 16.2% over the past 5 years.
Debt Coverage: 600535's debt is well covered by operating cash flow (126.6%).
Interest Coverage: 600535 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 | 2025/01/31 02:41 |
| End of Day Share Price | 2025/01/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tasly Pharmaceutical Group Co., Ltd is covered by 32 analysts. 7 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 |
|---|---|
| Changming He | BOCI Research Ltd. |
| Jun Liu | Changjiang Securities Co. LTD. |
| Fusheng Cheung | China Galaxy International Securities (Hong Kong) |