TES Touch Embedded Solutions (Xiamen) Balance Sheet Health
Financial Health criteria checks 5/6
TES Touch Embedded Solutions (Xiamen) has a total shareholder equity of CN¥1.6B and total debt of CN¥387.8M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥2.5B and CN¥982.6M respectively. TES Touch Embedded Solutions (Xiamen)'s EBIT is CN¥249.1M making its interest coverage ratio -31.6. It has cash and short-term investments of CN¥683.8M.
Key information
24.8%
Debt to equity ratio
CN¥387.81m
Debt
| Interest coverage ratio | -31.6x |
| Cash | CN¥683.79m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥982.58m |
| Total assets | CN¥2.55b |
Recent financial health updates
Recent updates
Does TES Touch Embedded Solutions (Xiamen) (SZSE:003019) Deserve A Spot On Your Watchlist?
Nov 25
TES Touch Embedded Solutions (Xiamen)'s (SZSE:003019) Profits Appear To Have Quality Issues
Nov 06TES Touch Embedded Solutions (Xiamen) (SZSE:003019) Has A Rock Solid Balance Sheet
Jul 18TES Touch Embedded Solutions (Xiamen)'s (SZSE:003019) Dividend Is Being Reduced To CN¥0.45
Jun 05Improved Earnings Required Before TES Touch Embedded Solutions (Xiamen) Co., Ltd. (SZSE:003019) Stock's 26% Jump Looks Justified
May 06TES Touch Embedded Solutions (Xiamen)'s (SZSE:003019) Soft Earnings Are Actually Better Than They Appear
May 05TES Touch Embedded Solutions (Xiamen) (SZSE:003019) Is Reinvesting At Lower Rates Of Return
Mar 25There's No Escaping TES Touch Embedded Solutions (Xiamen) Co., Ltd.'s (SZSE:003019) Muted Earnings Despite A 32% Share Price Rise
Mar 04Financial Position Analysis
Short Term Liabilities: 003019's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥821.6M).
Long Term Liabilities: 003019's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥161.0M).
Debt to Equity History and Analysis
Debt Level: 003019 has more cash than its total debt.
Reducing Debt: 003019's debt to equity ratio has increased from 9.4% to 24.8% over the past 5 years.
Debt Coverage: 003019's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 003019 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:47 |
| End of Day Share Price | 2024/12/24 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 |
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| Market Prices | 30 years |
| |
| 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
TES Touch Embedded Solutions (Xiamen) Co., Ltd. is covered by 2 analysts. 1 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 |
|---|---|
| Yi Liu | Citic Securities Co., Ltd. |
| Jinsong Zhu | Haitong International Research Limited |