Tongding Interconnection Information Balance Sheet Health
Financial Health criteria checks 3/6
Tongding Interconnection Information has a total shareholder equity of CN¥2.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are CN¥5.8B and CN¥3.3B respectively. Tongding Interconnection Information's EBIT is CN¥142.6M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥1.5B.
Key information
73.3%
Debt to equity ratio
CN¥1.82b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥1.54b |
| Equity | CN¥2.49b |
| Total liabilities | CN¥3.31b |
| Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002491's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002491's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥71.3M).
Debt to Equity History and Analysis
Debt Level: 002491's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 002491's debt to equity ratio has increased from 72.6% to 73.3% over the past 5 years.
Debt Coverage: 002491's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 002491's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:17 |
| End of Day Share Price | 2024/12/27 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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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
Tongding Interconnection Information Co., Ltd. is covered by 12 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 |
|---|---|
| Geng Yang | BOCI Research Ltd. |
| Leping Huang | China International Capital Corporation Limited |
| Yan Zhou | China Merchants Securities Co. Ltd. |