Chengdu Tangyuan Electric Co.,Ltd.

SZSE:300789 Stock Report

Market Cap: CN¥2.3b

Chengdu Tangyuan ElectricLtd Balance Sheet Health

Financial Health criteria checks 5/6

Chengdu Tangyuan ElectricLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥22.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.6B and CN¥530.6M respectively. Chengdu Tangyuan ElectricLtd's EBIT is CN¥112.4M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥226.8M.

Key information

2.1%

Debt to equity ratio

CN¥21.99m

Debt

Interest coverage ratio-12.3x
CashCN¥226.76m
EquityCN¥1.06b
Total liabilitiesCN¥530.62m
Total assetsCN¥1.59b

Recent financial health updates

No updates

Recent updates

Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Oct 16
Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Chengdu Tangyuan ElectricLtd's (SZSE:300789) Dividend Is Being Reduced To CN¥0.292

Jun 03
Chengdu Tangyuan ElectricLtd's (SZSE:300789) Dividend Is Being Reduced To CN¥0.292

Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Mar 06
Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Investors Could Be Concerned With Chengdu Tangyuan ElectricLtd's (SZSE:300789) Returns On Capital

Feb 26
Investors Could Be Concerned With Chengdu Tangyuan ElectricLtd's (SZSE:300789) Returns On Capital

Financial Position Analysis

Short Term Liabilities: 300789's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥480.7M).

Long Term Liabilities: 300789's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥50.0M).


Debt to Equity History and Analysis

Debt Level: 300789 has more cash than its total debt.

Reducing Debt: 300789's debt to equity ratio has increased from 0% to 2.1% over the past 5 years.

Debt Coverage: 300789's debt is well covered by operating cash flow (747.3%).

Interest Coverage: 300789 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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