Wuxi Taiji Industry Limited Balance Sheet Health
Financial Health criteria checks 6/6
Wuxi Taiji Industry Limited has a total shareholder equity of CN¥9.1B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥32.8B and CN¥23.7B respectively. Wuxi Taiji Industry Limited's EBIT is CN¥972.1M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥6.4B.
Key information
51.6%
Debt to equity ratio
CN¥4.67b
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥6.37b |
| Equity | CN¥9.06b |
| Total liabilities | CN¥23.73b |
| Total assets | CN¥32.79b |
Recent financial health updates
Recent updates
We Like Wuxi Taiji Industry Limited's (SHSE:600667) Earnings For More Than Just Statutory Profit
Nov 04
Returns At Wuxi Taiji Industry Limited (SHSE:600667) Appear To Be Weighed Down
Oct 27Wuxi Taiji Industry Limited Corporation's (SHSE:600667) Share Price Boosted 36% But Its Business Prospects Need A Lift Too
Oct 08Wuxi Taiji Industry Limited Corporation (SHSE:600667) Doing What It Can To Lift Shares
Aug 12Investors Met With Slowing Returns on Capital At Wuxi Taiji Industry Limited (SHSE:600667)
Jul 04Here's Why Wuxi Taiji Industry Limited (SHSE:600667) Can Manage Its Debt Responsibly
May 23Wuxi Taiji Industry Limited's (SHSE:600667) Performance Is Even Better Than Its Earnings Suggest
May 02Wuxi Taiji Industry Limited Corporation (SHSE:600667) Surges 33% Yet Its Low P/S Is No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 600667's short term assets (CN¥24.4B) exceed its short term liabilities (CN¥22.3B).
Long Term Liabilities: 600667's short term assets (CN¥24.4B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600667 has more cash than its total debt.
Reducing Debt: 600667's debt to equity ratio has reduced from 69% to 51.6% over the past 5 years.
Debt Coverage: 600667's debt is well covered by operating cash flow (54.3%).
Interest Coverage: 600667 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 | 2024/12/22 22:41 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Wuxi Taiji Industry Limited Corporation is covered by 2 analysts. 1 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 |
|---|---|
| He Ren | Guosen Securities Co., Ltd. |
| null null | SWS Research Co., Ltd. |