Tianjin Ringpu Bio-Technology Co.,Ltd.

XSEC:300119 Stock Report

Market Cap: CN¥8.8b

Tianjin Ringpu Bio-TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Tianjin Ringpu Bio-TechnologyLtd has a total shareholder equity of CN¥5.0B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are CN¥7.4B and CN¥2.5B respectively. Tianjin Ringpu Bio-TechnologyLtd's EBIT is CN¥361.4M making its interest coverage ratio 12.3. It has cash and short-term investments of CN¥1.7B.

Key information

25.7%

Debt to equity ratio

CN¥1.27b

Debt

Interest coverage ratio12.3x
CashCN¥1.69b
EquityCN¥4.96b
Total liabilitiesCN¥2.48b
Total assetsCN¥7.44b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 300119's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.7B).

Long Term Liabilities: 300119's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥736.6M).


Debt to Equity History and Analysis

Debt Level: 300119 has more cash than its total debt.

Reducing Debt: 300119's debt to equity ratio has increased from 21% to 25.7% over the past 5 years.

Debt Coverage: 300119's debt is well covered by operating cash flow (42.2%).

Interest Coverage: 300119's interest payments on its debt are well covered by EBIT (12.3x coverage).


Balance Sheet


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