Chengdu Tangyuan ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu Tangyuan ElectricLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥5.9M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.5B and CN¥454.1M respectively. Chengdu Tangyuan ElectricLtd's EBIT is CN¥108.6M making its interest coverage ratio -12.7. It has cash and short-term investments of CN¥338.8M.
Key information
0.6%
Debt to equity ratio
CN¥5.85m
Debt
Interest coverage ratio | -12.7x |
Cash | CN¥338.81m |
Equity | CN¥1.02b |
Total liabilities | CN¥454.08m |
Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Chengdu Tangyuan ElectricLtd's (SZSE:300789) Dividend Is Being Reduced To CN¥0.292
Jun 03Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Mar 06Investors Could Be Concerned With Chengdu Tangyuan ElectricLtd's (SZSE:300789) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 300789's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥402.0M).
Long Term Liabilities: 300789's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥52.0M).
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 0.6% over the past 5 years.
Debt Coverage: 300789's debt is well covered by operating cash flow (2426.5%).
Interest Coverage: 300789 earns more interest than it pays, so coverage of interest payments is not a concern.