Tande Balance Sheet Health
Financial Health criteria checks 3/6
Tande has a total shareholder equity of CN¥4.9B and total debt of CN¥13.3B, which brings its debt-to-equity ratio to 274%. Its total assets and total liabilities are CN¥37.2B and CN¥32.4B respectively. Tande's EBIT is CN¥67.0M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥4.0B.
Key information
274.0%
Debt to equity ratio
CN¥13.33b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥4.00b |
| Equity | CN¥4.87b |
| Total liabilities | CN¥32.35b |
| Total assets | CN¥37.22b |
Recent financial health updates
No updates
Recent updates
Tande Co., Ltd. (SHSE:600665) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Sep 26
Further Upside For Tande Co., Ltd. (SHSE:600665) Shares Could Introduce Price Risks After 43% Bounce
May 21Take Care Before Jumping Onto Tande Co., Ltd. (SHSE:600665) Even Though It's 29% Cheaper
Feb 26Financial Position Analysis
Short Term Liabilities: 600665's short term assets (CN¥35.4B) exceed its short term liabilities (CN¥27.5B).
Long Term Liabilities: 600665's short term assets (CN¥35.4B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 600665's net debt to equity ratio (191.8%) is considered high.
Reducing Debt: 600665's debt to equity ratio has reduced from 341.2% to 274% over the past 5 years.
Debt Coverage: 600665's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 600665's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:16 |
| End of Day Share Price | 2024/12/24 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
Tande Co., Ltd. is covered by 4 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 |
|---|---|
| Yang Li | Minsheng Securities Co. |
| Xiaodong Li | Ping An Securities Co. Ltd. |
| Jun Hong | Shenwan Hongyuan Securities |