Suzhou Tianmai Thermal Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Tianmai Thermal Technology has a total shareholder equity of CN¥907.5M and total debt of CN¥2.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.1B and CN¥192.3M respectively. Suzhou Tianmai Thermal Technology's EBIT is CN¥200.0M making its interest coverage ratio -95.7. It has cash and short-term investments of CN¥161.2M.
Key information
0.2%
Debt to equity ratio
CN¥2.13m
Debt
| Interest coverage ratio | -95.7x |
| Cash | CN¥161.18m |
| Equity | CN¥907.53m |
| Total liabilities | CN¥192.34m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301626's short term assets (CN¥570.0M) exceed its short term liabilities (CN¥188.3M).
Long Term Liabilities: 301626's short term assets (CN¥570.0M) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 301626 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301626's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301626's debt is well covered by operating cash flow (10383.1%).
Interest Coverage: 301626 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 | 2024/12/22 10:53 |
| End of Day Share Price | 2024/12/20 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
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Analyst Sources
Suzhou Tianmai Thermal Technology Co., Ltd. is covered by 0 analysts. 0 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 |
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