Vanchip (Tianjin) Technology Balance Sheet Health
Financial Health criteria checks 4/6
Vanchip (Tianjin) Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥103.1M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CN¥4.5B and CN¥462.9M respectively.
Key information
2.6%
Debt to equity ratio
CN¥103.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.70b |
| Equity | CN¥4.03b |
| Total liabilities | CN¥462.88m |
| Total assets | CN¥4.49b |
Recent financial health updates
Recent updates
Vanchip (Tianjin) Technology Co., Ltd.'s (SHSE:688153) 27% Share Price Surge Not Quite Adding Up
Nov 12
Vanchip (Tianjin) Technology Co., Ltd.'s (SHSE:688153) Intrinsic Value Is Potentially 21% Below Its Share Price
Oct 18Vanchip (Tianjin) Technology (SHSE:688153) Shareholders Will Want The ROCE Trajectory To Continue
Sep 23Vanchip (Tianjin) Technology's (SHSE:688153) Earnings Are Of Questionable Quality
Sep 05Should You Investigate Vanchip (Tianjin) Technology Co., Ltd. (SHSE:688153) At CN¥33.40?
Aug 03Vanchip (Tianjin) Technology (SHSE:688153) Could Easily Take On More Debt
May 23Vanchip (Tianjin) Technology (SHSE:688153) Is Looking To Continue Growing Its Returns On Capital
Apr 17Do Vanchip (Tianjin) Technology's (SHSE:688153) Earnings Warrant Your Attention?
Mar 22Vanchip (Tianjin) Technology Co., Ltd.'s (SHSE:688153) 26% Share Price Surge Not Quite Adding Up
Mar 04Financial Position Analysis
Short Term Liabilities: 688153's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥413.6M).
Long Term Liabilities: 688153's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥49.3M).
Debt to Equity History and Analysis
Debt Level: 688153 has more cash than its total debt.
Reducing Debt: 688153's debt to equity ratio has reduced from 40.3% to 2.6% over the past 5 years.
Debt Coverage: 688153's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688153's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:16 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Vanchip (Tianjin) Technology Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Tao Xu | Citic Securities Co., Ltd. |
| Allen Chang | Goldman Sachs |
| Lynn Luo | Goldman Sachs |