Changsha Tongcheng HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changsha Tongcheng HoldingsLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥296.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥5.5B and CN¥1.8B respectively. Changsha Tongcheng HoldingsLtd's EBIT is CN¥145.3M making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥1.2B.
Key information
7.9%
Debt to equity ratio
CN¥296.00m
Debt
| Interest coverage ratio | -5.3x |
| Cash | CN¥1.17b |
| Equity | CN¥3.74b |
| Total liabilities | CN¥1.77b |
| Total assets | CN¥5.51b |
Recent financial health updates
No updates
Recent updates
Changsha Tongcheng Holdings Co.Ltd (SZSE:000419) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Dec 16
Insufficient Growth At Changsha Tongcheng Holdings Co.Ltd (SZSE:000419) Hampers Share Price
Sep 29Changsha Tongcheng HoldingsLtd (SZSE:000419) Has Announced That Its Dividend Will Be Reduced To CN¥0.12
Aug 07We Think You Should Be Aware Of Some Concerning Factors In Changsha Tongcheng HoldingsLtd's (SZSE:000419) Earnings
May 02Investors Could Be Concerned With Changsha Tongcheng HoldingsLtd's (SZSE:000419) Returns On Capital
Apr 18Investors Don't See Light At End Of Changsha Tongcheng Holdings Co.Ltd's (SZSE:000419) Tunnel
Feb 27Financial Position Analysis
Short Term Liabilities: 000419's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000419's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥686.5M).
Debt to Equity History and Analysis
Debt Level: 000419 has more cash than its total debt.
Reducing Debt: 000419's debt to equity ratio has reduced from 13.5% to 7.9% over the past 5 years.
Debt Coverage: 000419's debt is well covered by operating cash flow (66%).
Interest Coverage: 000419 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 | 2024/12/23 11:24 |
| End of Day Share Price | 2024/12/23 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
Changsha Tongcheng Holdings 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 |
|---|---|
| Jialin Hou | AJ Securities Co., Ltd |
| Chong Chen | Founder Securities Co., Ltd. |
| Geng Kun | Huatai Research |