Tingyi (Cayman Islands) Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tingyi (Cayman Islands) Holding has a total shareholder equity of CN¥15.8B and total debt of CN¥15.1B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are CN¥56.0B and CN¥40.3B respectively. Tingyi (Cayman Islands) Holding's EBIT is CN¥4.4B making its interest coverage ratio -61.1. It has cash and short-term investments of CN¥13.1B.
Key information
95.5%
Debt to equity ratio
CN¥15.06b
Debt
| Interest coverage ratio | -61.1x |
| Cash | CN¥13.12b |
| Equity | CN¥15.77b |
| Total liabilities | CN¥40.25b |
| Total assets | CN¥56.02b |
Recent financial health updates
Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Dec 23
We Think Tingyi (Cayman Islands) Holding (HKG:322) Can Stay On Top Of Its Debt
Apr 24Recent updates
Is There An Opportunity With Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) 49% Undervaluation?
Jan 17Here's Why Tingyi (Cayman Islands) Holding (HKG:322) Can Manage Its Debt Responsibly
Dec 23Investors Should Be Encouraged By Tingyi (Cayman Islands) Holding's (HKG:322) Returns On Capital
Dec 02What Tingyi (Cayman Islands) Holding Corp.'s (HKG:322) P/E Is Not Telling You
Sep 29Why The 21% Return On Capital At Tingyi (Cayman Islands) Holding (HKG:322) Should Have Your Attention
Aug 28Tingyi (Cayman Islands) Holding (HKG:322) Has Announced That It Will Be Increasing Its Dividend To CN¥0.5953
Jun 10Tingyi (Cayman Islands) Holding Corp. (HKG:322) Investors Are Less Pessimistic Than Expected
May 24Impressive 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 01Financial Position Analysis
Short Term Liabilities: 322's short term assets (CN¥21.8B) do not cover its short term liabilities (CN¥34.9B).
Long Term Liabilities: 322's short term assets (CN¥21.8B) exceed its long term liabilities (CN¥5.3B).
Debt to Equity History and Analysis
Debt Level: 322's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: 322's debt to equity ratio has increased from 43.4% to 95.5% over the past 5 years.
Debt Coverage: 322's debt is well covered by operating cash flow (40.9%).
Interest Coverage: 322 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 10:16 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/06/30 |
| 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
Tingyi (Cayman Islands) Holding Corp. is covered by 58 analysts. 23 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 |
|---|---|
| Vineet Kulbandu Sharma | Barclays |
| Manmohan Singh | Bear Stearns Companies Inc. |
| Michele Mak | BNP Paribas Securities (Asia) |