Tongcheng Travel Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tongcheng Travel Holdings has a total shareholder equity of CN¥20.5B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥36.7B and CN¥16.2B respectively. Tongcheng Travel Holdings's EBIT is CN¥2.1B making its interest coverage ratio -19.8. It has cash and short-term investments of CN¥8.7B.
Key information
16.7%
Debt to equity ratio
CN¥3.41b
Debt
| Interest coverage ratio | -19.8x |
| Cash | CN¥8.71b |
| Equity | CN¥20.47b |
| Total liabilities | CN¥16.23b |
| Total assets | CN¥36.70b |
Recent financial health updates
Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?
Jan 16
Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?
Sep 29Tongcheng Travel Holdings (HKG:780) Seems To Use Debt Rather Sparingly
Jun 09Is Tongcheng Travel Holdings (HKG:780) A Risky Investment?
Feb 26Recent updates
Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?
Jan 16An Intrinsic Calculation For Tongcheng Travel Holdings Limited (HKG:780) Suggests It's 41% Undervalued
Jan 03HK$22.55 - That's What Analysts Think Tongcheng Travel Holdings Limited (HKG:780) Is Worth After These Results
Nov 21We Like These Underlying Return On Capital Trends At Tongcheng Travel Holdings (HKG:780)
Oct 22Tongcheng Travel Holdings Limited's (HKG:780) 35% Price Boost Is Out Of Tune With Earnings
Oct 07Is Tongcheng Travel Holdings (HKG:780) Using Too Much Debt?
Sep 29Tongcheng Travel Holdings (HKG:780) Shareholders Will Want The ROCE Trajectory To Continue
Jul 18What You Can Learn From Tongcheng Travel Holdings Limited's (HKG:780) P/S After Its 25% Share Price Crash
Jun 20Tongcheng Travel Holdings (HKG:780) Seems To Use Debt Rather Sparingly
Jun 09Tongcheng Travel Holdings Limited (HKG:780) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 23The Strong Earnings Posted By Tongcheng Travel Holdings (HKG:780) Are A Good Indication Of The Strength Of The Business
May 08Estimating The Fair Value Of Tongcheng Travel Holdings Limited (HKG:780)
Apr 12Tongcheng Travel Holdings (HKG:780) Is Experiencing Growth In Returns On Capital
Mar 28Is Tongcheng Travel Holdings (HKG:780) A Risky Investment?
Feb 26Financial Position Analysis
Short Term Liabilities: 780's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥12.5B).
Long Term Liabilities: 780's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 780 has more cash than its total debt.
Reducing Debt: 780's debt to equity ratio has increased from 1.2% to 16.7% over the past 5 years.
Debt Coverage: 780's debt is well covered by operating cash flow (49.1%).
Interest Coverage: 780 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 | 2025/01/30 17:50 |
| End of Day Share Price | 2025/01/28 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tongcheng Travel Holdings Limited is covered by 42 analysts. 27 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 |
|---|---|
| Ka Ho Li | BOCI Research Ltd. |
| Janet Yang | BofA Global Research |
| Lixin Ju | BofA Global Research |