Taiji Computer Balance Sheet Health
Financial Health criteria checks 5/6
Taiji Computer has a total shareholder equity of CN¥5.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CN¥16.2B and CN¥10.7B respectively. Taiji Computer's EBIT is CN¥450.8M making its interest coverage ratio 16.2. It has cash and short-term investments of CN¥1.7B.
Key information
20.5%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | 16.2x |
| Cash | CN¥1.68b |
| Equity | CN¥5.49b |
| Total liabilities | CN¥10.71b |
| Total assets | CN¥16.20b |
Recent financial health updates
No updates
Recent updates
Taiji Computer (SZSE:002368) Strong Profits May Be Masking Some Underlying Issues
Apr 25
Downgrade: Here's How Analysts See Taiji Computer Corporation Limited (SZSE:002368) Performing In The Near Term
Apr 23Taiji Computer Corporation Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
Apr 21Taiji Computer Corporation Limited's (SZSE:002368) Shares Climb 26% But Its Business Is Yet to Catch Up
Mar 04The Returns At Taiji Computer (SZSE:002368) Aren't Growing
Feb 27Financial Position Analysis
Short Term Liabilities: 002368's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥10.4B).
Long Term Liabilities: 002368's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥280.2M).
Debt to Equity History and Analysis
Debt Level: 002368 has more cash than its total debt.
Reducing Debt: 002368's debt to equity ratio has reduced from 26.5% to 20.5% over the past 5 years.
Debt Coverage: 002368's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002368's interest payments on its debt are well covered by EBIT (16.2x coverage).