Tat Hong Equipment Service Balance Sheet Health
Financial Health criteria checks 2/6
Tat Hong Equipment Service has a total shareholder equity of CN¥1.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 85.2%. Its total assets and total liabilities are CN¥3.2B and CN¥1.8B respectively.
Key information
85.2%
Debt to equity ratio
CN¥1.18b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥185.13m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥1.83b |
| Total assets | CN¥3.22b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Tat Hong Equipment Service Co., Ltd. (HKG:2153) Shares Up 28% But Growth Is Lacking
Sep 22
Shareholders May Be Wary Of Increasing Tat Hong Equipment Service Co., Ltd.'s (HKG:2153) CEO Compensation Package
Sep 19More Unpleasant Surprises Could Be In Store For Tat Hong Equipment Service Co., Ltd.'s (HKG:2153) Shares After Tumbling 26%
Jun 30Some Investors May Be Worried About Tat Hong Equipment Service's (HKG:2153) Returns On Capital
May 02Tat Hong Equipment Service (HKG:2153) Will Be Hoping To Turn Its Returns On Capital Around
Aug 12Tat Hong Equipment Service (HKG:2153) Has Announced That Its Dividend Will Be Reduced To CN¥0.016
Aug 23Weak Statutory Earnings May Not Tell The Whole Story For Tat Hong Equipment Service (HKG:2153)
Aug 02Tat Hong Equipment Service (HKG:2153) Has Announced That Its Dividend Will Be Reduced To CN¥0.016
Jul 13Be Wary Of Tat Hong Equipment Service (HKG:2153) And Its Returns On Capital
Jul 07Getting In Cheap On Tat Hong Equipment Service Co., Ltd. (HKG:2153) Might Be Difficult
Aug 20Financial Position Analysis
Short Term Liabilities: 2153's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 2153's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥763.4M).
Debt to Equity History and Analysis
Debt Level: 2153's net debt to equity ratio (71.9%) is considered high.
Reducing Debt: 2153's debt to equity ratio has increased from 53.2% to 85.2% over the past 5 years.
Debt Coverage: 2153's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: Insufficient data to determine if 2153's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:46 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tat Hong Equipment Service 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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