Tingyi (Cayman Islands) Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tingyi (Cayman Islands) Holding has a total shareholder equity of CN¥17.2B and total debt of CN¥13.7B, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are CN¥53.1B and CN¥35.9B respectively. Tingyi (Cayman Islands) Holding's EBIT is CN¥3.7B making its interest coverage ratio -172.2. It has cash and short-term investments of CN¥11.5B.
Key information
79.7%
Debt to equity ratio
CN¥13.73b
Debt
| Interest coverage ratio | -172.2x |
| Cash | CN¥11.53b |
| Equity | CN¥17.22b |
| Total liabilities | CN¥35.93b |
| Total assets | CN¥53.15b |
Recent financial health updates
We Think Tingyi (Cayman Islands) Holding (HKG:322) Can Stay On Top Of Its Debt
Apr 24
Is Tingyi (Cayman Islands) Holding (HKG:322) A Risky Investment?
Dec 10Is Tingyi (Cayman Islands) Holding (HKG:322) Using Too Much Debt?
Sep 11Does Tingyi (Cayman Islands) Holding (HKG:322) Have A Healthy Balance Sheet?
Apr 19Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Sep 29Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Dec 03Recent updates
Impressive Earnings May Not Tell The Whole Story For Tingyi (Cayman Islands) Holding (HKG:322)
May 02We Think Tingyi (Cayman Islands) Holding (HKG:322) Can Stay On Top Of Its Debt
Apr 24Tingyi (Cayman Islands) Holding Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 28Tingyi (Cayman Islands) Holding (HKG:322) Has Some Way To Go To Become A Multi-Bagger
Mar 08Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) Popularity With Investors Is Under Threat From Overpricing
Feb 01Is Tingyi (Cayman Islands) Holding (HKG:322) A Risky Investment?
Dec 10Returns At Tingyi (Cayman Islands) Holding (HKG:322) Appear To Be Weighed Down
Oct 26Is Tingyi (Cayman Islands) Holding (HKG:322) Using Too Much Debt?
Sep 11Slowing Rates Of Return At Tingyi (Cayman Islands) Holding (HKG:322) Leave Little Room For Excitement
Jul 19Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) Intrinsic Value Is Potentially 55% Above Its Share Price
May 25Does Tingyi (Cayman Islands) Holding (HKG:322) Have A Healthy Balance Sheet?
Apr 19Tingyi (Cayman Islands) Holding (HKG:322) Might Have The Makings Of A Multi-Bagger
Mar 17An Intrinsic Calculation For Tingyi (Cayman Islands) Holding Corp. (HKG:322) Suggests It's 38% Undervalued
Jan 09Returns At Tingyi (Cayman Islands) Holding (HKG:322) Are On The Way Up
Nov 30Tingyi (Cayman Islands) Holding (HKG:322) Will Pay A Smaller Dividend Than Last Year
Oct 21Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Sep 29Tingyi (Cayman Islands) Holding (HKG:322) Is Doing The Right Things To Multiply Its Share Price
Aug 17Returns On Capital Are Showing Encouraging Signs At Tingyi (Cayman Islands) Holding (HKG:322)
May 19There's Been No Shortage Of Growth Recently For Tingyi (Cayman Islands) Holding's (HKG:322) Returns On Capital
Feb 04Is There An Opportunity With Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) 50% Undervaluation?
Dec 22Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Dec 03Tingyi (Cayman Islands) Holding's (HKG:322) Returns On Capital Are Heading Higher
Oct 29Are Investors Undervaluing Tingyi (Cayman Islands) Holding Corp. (HKG:322) By 48%?
Sep 17These 4 Measures Indicate That Tingyi (Cayman Islands) Holding (HKG:322) Is Using Debt Reasonably Well
Aug 30We Like These Underlying Return On Capital Trends At Tingyi (Cayman Islands) Holding (HKG:322)
Jul 14I Ran A Stock Scan For Earnings Growth And Tingyi (Cayman Islands) Holding (HKG:322) Passed With Ease
Jun 05These 4 Measures Indicate That Tingyi (Cayman Islands) Holding (HKG:322) Is Using Debt Safely
May 18Tingyi (Cayman Islands) Holding (HKG:322) Is Doing The Right Things To Multiply Its Share Price
Apr 14Should Tingyi (Cayman Islands) Holding Corp. (HKG:322) Be Part Of Your Dividend Portfolio?
Mar 29Shareholders Of Tingyi (Cayman Islands) Holding (HKG:322) Must Be Happy With Their 138% Total Return
Mar 15An Intrinsic Calculation For Tingyi (Cayman Islands) Holding Corp. (HKG:322) Suggests It's 32% Undervalued
Feb 21Tingyi (Cayman Islands) Holding's (HKG:322) Earnings Are Growing But Is There More To The Story?
Feb 07
Is Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 25What Do The Returns At Tingyi (Cayman Islands) Holding (HKG:322) Mean Going Forward?
Jan 10Is Now The Time To Put Tingyi (Cayman Islands) Holding (HKG:322) On Your Watchlist?
Dec 18If You Had Bought Tingyi (Cayman Islands) Holding (HKG:322) Shares Five Years Ago You'd Have Earned 26% Returns
Dec 07Why Dividend Hunters Love Tingyi (Cayman Islands) Holding Corp. (HKG:322)
Nov 24Financial Position Analysis
Short Term Liabilities: 322's short term assets (CN¥20.5B) do not cover its short term liabilities (CN¥29.2B).
Long Term Liabilities: 322's short term assets (CN¥20.5B) exceed its long term liabilities (CN¥6.7B).
Debt to Equity History and Analysis
Debt Level: 322's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 322's debt to equity ratio has increased from 45.9% to 79.7% over the past 5 years.
Debt Coverage: 322's debt is well covered by operating cash flow (40%).
Interest Coverage: 322 earns more interest than it pays, so coverage of interest payments is not a concern.