Tongfu MicroelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tongfu MicroelectronicsLtd has a total shareholder equity of CN¥15.4B and total debt of CN¥14.8B, which brings its debt-to-equity ratio to 95.9%. Its total assets and total liabilities are CN¥38.1B and CN¥22.6B respectively. Tongfu MicroelectronicsLtd's EBIT is CN¥1.4B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥5.2B.
Key information
95.9%
Debt to equity ratio
CN¥14.80b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥5.19b |
| Equity | CN¥15.44b |
| Total liabilities | CN¥22.64b |
| Total assets | CN¥38.07b |
Recent financial health updates
Here's Why Tongfu MicroelectronicsLtd (SZSE:002156) Has A Meaningful Debt Burden
Oct 30
These 4 Measures Indicate That Tongfu MicroelectronicsLtd (SZSE:002156) Is Using Debt Extensively
Jul 05Recent updates
Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Nov 27Tongfu MicroelectronicsLtd's (SZSE:002156) Earnings Are Of Questionable Quality
Nov 05Here's Why Tongfu MicroelectronicsLtd (SZSE:002156) Has A Meaningful Debt Burden
Oct 30Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Shares Bounce 36% But Its Business Still Trails The Industry
Oct 08These 4 Measures Indicate That Tongfu MicroelectronicsLtd (SZSE:002156) Is Using Debt Extensively
Jul 05Revenues Working Against Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Share Price
Jun 12Tongfu MicroelectronicsLtd's (SZSE:002156) Problems Go Beyond Weak Profit
Apr 25Results: Tongfu Microelectronics Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 16Tongfu MicroelectronicsLtd (SZSE:002156) Hasn't Managed To Accelerate Its Returns
Mar 26Tongfu Microelectronics Co.,Ltd's (SZSE:002156) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04Financial Position Analysis
Short Term Liabilities: 002156's short term assets (CN¥14.3B) exceed its short term liabilities (CN¥13.9B).
Long Term Liabilities: 002156's short term assets (CN¥14.3B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 002156's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: 002156's debt to equity ratio has increased from 79.5% to 95.9% over the past 5 years.
Debt Coverage: 002156's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 002156's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:38 |
| 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
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
Tongfu Microelectronics Co.,Ltd is covered by 33 analysts. 12 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 |
|---|---|
| Wen Yu Mo | Changjiang Securities Co. LTD. |
| Chen He | Chasing Securities |
| Feng Gao | China Galaxy Securities Co., Ltd. |