Tibet Cheezheng Tibetan Medicine Balance Sheet Health
Financial Health criteria checks 5/6
Tibet Cheezheng Tibetan Medicine has a total shareholder equity of CN¥3.9B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CN¥6.5B and CN¥2.6B respectively. Tibet Cheezheng Tibetan Medicine's EBIT is CN¥503.0M making its interest coverage ratio 8.4. It has cash and short-term investments of CN¥3.4B.
Key information
47.3%
Debt to equity ratio
CN¥1.85b
Debt
| Interest coverage ratio | 8.4x |
| Cash | CN¥3.35b |
| Equity | CN¥3.91b |
| Total liabilities | CN¥2.62b |
| Total assets | CN¥6.53b |
Recent financial health updates
Recent updates
Tibet Cheezheng Tibetan Medicine (SZSE:002287) Strong Profits May Be Masking Some Underlying Issues
Nov 05
Does Tibet Cheezheng Tibetan Medicine (SZSE:002287) Have A Healthy Balance Sheet?
Oct 23Benign Growth For Tibet Cheezheng Tibetan Medicine Co., Ltd. (SZSE:002287) Underpins Its Share Price
Sep 25Tibet Cheezheng Tibetan Medicine Co., Ltd.'s (SZSE:002287) Prospects Need A Boost To Lift Shares
Jun 07Tibet Cheezheng Tibetan Medicine's (SZSE:002287) Profits May Not Reveal Underlying Issues
Apr 26Tibet Cheezheng Tibetan Medicine Co., Ltd.'s (SZSE:002287) Business And Shares Still Trailing The Market
Feb 27Financial Position Analysis
Short Term Liabilities: 002287's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002287's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002287 has more cash than its total debt.
Reducing Debt: 002287's debt to equity ratio has increased from 13.8% to 47.3% over the past 5 years.
Debt Coverage: 002287's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 002287's interest payments on its debt are well covered by EBIT (8.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:37 |
| End of Day Share Price | 2024/12/25 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
Tibet Cheezheng Tibetan Medicine Co., 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 |
|---|---|
| Shuchang Liu | Changjiang Securities Co. LTD. |
| Fusheng Cheung | China Galaxy International Securities (Hong Kong) |
| Shanshan Li | China Merchants Securities Co. Ltd. |