Taiji Computer Balance Sheet Health
Financial Health criteria checks 4/6
Taiji Computer has a total shareholder equity of CN¥5.3B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CN¥15.6B and CN¥10.3B respectively. Taiji Computer's EBIT is CN¥210.4M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥1.1B.
Key information
44.8%
Debt to equity ratio
CN¥2.40b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥1.07b |
| Equity | CN¥5.35b |
| Total liabilities | CN¥10.27b |
| Total assets | CN¥15.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002368's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥10.0B).
Long Term Liabilities: 002368's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥289.7M).
Debt to Equity History and Analysis
Debt Level: 002368's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 002368's debt to equity ratio has increased from 42.8% to 44.8% 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 (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:47 |
| End of Day Share Price | 2024/12/18 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
Taiji Computer Corporation Limited is covered by 17 analysts. 8 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 |
|---|---|
| Yan Jing Wu | BOCI Research Ltd. |
| Hui Hui Liu | Changjiang Securities Co. LTD. |
| Yan Jing Wu | China Galaxy Securities Co., Ltd. |