China Tangshang Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Tangshang Holdings has a total shareholder equity of HK$1.1B and total debt of HK$177.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are HK$3.5B and HK$2.4B respectively. China Tangshang Holdings's EBIT is HK$137.2M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$227.2M.
Key information
16.0%
Debt to equity ratio
HK$176.98m
Debt
| Interest coverage ratio | 3.7x |
| Cash | HK$227.22m |
| Equity | HK$1.11b |
| Total liabilities | HK$2.39b |
| Total assets | HK$3.49b |
Recent financial health updates
These 4 Measures Indicate That China Tangshang Holdings (HKG:674) Is Using Debt Extensively
Jul 08
China Tangshang Holdings (HKG:674) Takes On Some Risk With Its Use Of Debt
Dec 30China Tangshang Holdings (HKG:674) Has A Somewhat Strained Balance Sheet
Jul 16Does China Tangshang Holdings (HKG:674) Have A Healthy Balance Sheet?
Jan 26Recent updates
China Tangshang Holdings (HKG:674) Is Doing The Right Things To Multiply Its Share Price
Apr 21China Tangshang Holdings Limited's (HKG:674) Low P/E No Reason For Excitement
Feb 09We Think You Should Be Aware Of Some Concerning Factors In China Tangshang Holdings' (HKG:674) Earnings
Dec 29We Like These Underlying Return On Capital Trends At China Tangshang Holdings (HKG:674)
Oct 12Should You Be Adding China Tangshang Holdings (HKG:674) To Your Watchlist Today?
Jul 24Returns On Capital Are A Standout For China Tangshang Holdings (HKG:674)
Jun 11Do China Tangshang Holdings' (HKG:674) Earnings Warrant Your Attention?
Feb 08Some Confidence Is Lacking In China Tangshang Holdings Limited's (HKG:674) P/E
Jan 12Returns Are Gaining Momentum At China Tangshang Holdings (HKG:674)
Oct 12These 4 Measures Indicate That China Tangshang Holdings (HKG:674) Is Using Debt Extensively
Jul 08Returns On Capital Are Showing Encouraging Signs At China Tangshang Holdings (HKG:674)
May 27Returns At China Tangshang Holdings (HKG:674) Are On The Way Up
Feb 07China Tangshang Holdings (HKG:674) Takes On Some Risk With Its Use Of Debt
Dec 30China Tangshang Holdings' (HKG:674) Shareholders May Want To Dig Deeper Than Statutory Profit
Dec 30Returns Are Gaining Momentum At China Tangshang Holdings (HKG:674)
Aug 20China Tangshang Holdings (HKG:674) Has A Somewhat Strained Balance Sheet
Jul 16We Like These Underlying Trends At China Tangshang Holdings (HKG:674)
Mar 04Does China Tangshang Holdings (HKG:674) Have A Healthy Balance Sheet?
Jan 26Does China Tangshang Holdings (HKG:674) Have The Makings Of A Multi-Bagger?
Dec 03Financial Position Analysis
Short Term Liabilities: 674's short term assets (HK$3.1B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 674's short term assets (HK$3.1B) exceed its long term liabilities (HK$761.2M).
Debt to Equity History and Analysis
Debt Level: 674 has more cash than its total debt.
Reducing Debt: 674's debt to equity ratio has reduced from 135.7% to 16% over the past 5 years.
Debt Coverage: 674's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 674's interest payments on its debt are well covered by EBIT (3.7x coverage).