Suzhou TZTEK Technology Co., Ltd

SHSE:688003 Stock Report

Market Cap: CN¥8.6b

Suzhou TZTEK Technology Balance Sheet Health

Financial Health criteria checks 4/6

Suzhou TZTEK Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥663.3M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥3.5B and CN¥1.7B respectively. Suzhou TZTEK Technology's EBIT is CN¥140.5M making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥307.1M.

Key information

37.0%

Debt to equity ratio

CN¥663.25m

Debt

Interest coverage ratio-6.3x
CashCN¥307.12m
EquityCN¥1.79b
Total liabilitiesCN¥1.70b
Total assetsCN¥3.49b

Recent financial health updates

Suzhou TZTEK Technology (SHSE:688003) Seems To Use Debt Quite Sensibly

Aug 02
Suzhou TZTEK Technology (SHSE:688003) Seems To Use Debt Quite Sensibly

Is Suzhou TZTEK Technology (SHSE:688003) A Risky Investment?

Mar 26
Is Suzhou TZTEK Technology (SHSE:688003) A Risky Investment?

Recent updates

Investors Appear Satisfied With Suzhou TZTEK Technology Co., Ltd's (SHSE:688003) Prospects As Shares Rocket 39%

Dec 04
Investors Appear Satisfied With Suzhou TZTEK Technology Co., Ltd's (SHSE:688003) Prospects As Shares Rocket 39%

Suzhou TZTEK Technology Co., Ltd's (SHSE:688003) P/E Is Still On The Mark Following 38% Share Price Bounce

Oct 20
Suzhou TZTEK Technology Co., Ltd's (SHSE:688003) P/E Is Still On The Mark Following 38% Share Price Bounce

The Returns On Capital At Suzhou TZTEK Technology (SHSE:688003) Don't Inspire Confidence

Oct 16
The Returns On Capital At Suzhou TZTEK Technology (SHSE:688003) Don't Inspire Confidence

Suzhou TZTEK Technology (SHSE:688003) Seems To Use Debt Quite Sensibly

Aug 02
Suzhou TZTEK Technology (SHSE:688003) Seems To Use Debt Quite Sensibly

Shareholders Will Be Pleased With The Quality of Suzhou TZTEK Technology's (SHSE:688003) Earnings

Apr 26
Shareholders Will Be Pleased With The Quality of Suzhou TZTEK Technology's (SHSE:688003) Earnings

Here's Why We Think Suzhou TZTEK Technology (SHSE:688003) Might Deserve Your Attention Today

Apr 17
Here's Why We Think Suzhou TZTEK Technology (SHSE:688003) Might Deserve Your Attention Today

Is Suzhou TZTEK Technology (SHSE:688003) A Risky Investment?

Mar 26
Is Suzhou TZTEK Technology (SHSE:688003) A Risky Investment?

Earnings Not Telling The Story For Suzhou TZTEK Technology Co., Ltd (SHSE:688003) After Shares Rise 32%

Mar 01
Earnings Not Telling The Story For Suzhou TZTEK Technology Co., Ltd (SHSE:688003) After Shares Rise 32%

Financial Position Analysis

Short Term Liabilities: 688003's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).

Long Term Liabilities: 688003's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥527.1M).

Debt to Equity History and Analysis

Debt Level: 688003's net debt to equity ratio (19.9%) is considered satisfactory.

Reducing Debt: 688003's debt to equity ratio has increased from 0% to 37% over the past 5 years.

Debt Coverage: 688003's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 688003 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

DataLast Updated (UTC time)
Company Analysis2024/12/29 22:47
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Suzhou TZTEK Technology Co., Ltd is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yang KongChina International Capital Corporation Limited
Weixiu GuoChina International Capital Corporation Limited
Haibo LiuCitic Securities Co., Ltd.