Tiangong International Balance Sheet Health
Financial Health criteria checks 5/6
Tiangong International has a total shareholder equity of CN¥7.4B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are CN¥13.6B and CN¥6.2B respectively. Tiangong International's EBIT is CN¥571.7M making its interest coverage ratio 4. It has cash and short-term investments of CN¥2.1B.
Key information
39.2%
Debt to equity ratio
CN¥2.90b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥2.06b |
| Equity | CN¥7.38b |
| Total liabilities | CN¥6.18b |
| Total assets | CN¥13.56b |
Recent financial health updates
Tiangong International (HKG:826) Takes On Some Risk With Its Use Of Debt
Apr 27
We Think Tiangong International (HKG:826) Is Taking Some Risk With Its Debt
Oct 13Is Tiangong International (HKG:826) Using Too Much Debt?
May 10Tiangong International (HKG:826) Seems To Use Debt Quite Sensibly
Dec 19Here's Why Tiangong International (HKG:826) Can Manage Its Debt Responsibly
Sep 03Tiangong International (HKG:826) Has A Pretty Healthy Balance Sheet
Apr 03Recent updates
Tiangong International (HKG:826) Takes On Some Risk With Its Use Of Debt
Apr 27Many Still Looking Away From Tiangong International Company Limited (HKG:826)
Jan 09Here's What To Make Of Tiangong International's (HKG:826) Decelerating Rates Of Return
Dec 11Is There An Opportunity With Tiangong International Company Limited's (HKG:826) 41% Undervaluation?
Nov 22We Think Tiangong International (HKG:826) Is Taking Some Risk With Its Debt
Oct 13Slowing Rates Of Return At Tiangong International (HKG:826) Leave Little Room For Excitement
Aug 04Tiangong International's (HKG:826) Dividend Will Be Reduced To CN¥0.04
Jun 22Tiangong International (HKG:826) Will Pay A Smaller Dividend Than Last Year
Jun 08Is Tiangong International (HKG:826) Using Too Much Debt?
May 10Returns At Tiangong International (HKG:826) Appear To Be Weighed Down
Apr 23We Like These Underlying Return On Capital Trends At Tiangong International (HKG:826)
Jan 10Tiangong International (HKG:826) Seems To Use Debt Quite Sensibly
Dec 19Tiangong International (HKG:826) Shareholders Will Want The ROCE Trajectory To Continue
Sep 20Here's Why Tiangong International (HKG:826) Can Manage Its Debt Responsibly
Sep 03Should You Be Adding Tiangong International (HKG:826) To Your Watchlist Today?
Jul 05Tiangong International's (HKG:826) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 06Here's What's Concerning About Tiangong International's (HKG:826) Returns On Capital
May 08Tiangong International (HKG:826) Has A Pretty Healthy Balance Sheet
Apr 03Here's Why I Think Tiangong International (HKG:826) Might Deserve Your Attention Today
Jan 12Tiangong International (HKG:826) Seems To Use Debt Quite Sensibly
Dec 20Tiangong International (HKG:826) Is Doing The Right Things To Multiply Its Share Price
Dec 07Here's Why I Think Tiangong International (HKG:826) Might Deserve Your Attention Today
Oct 12Tiangong International (HKG:826) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 28Tiangong International (HKG:826) Could Easily Take On More Debt
Sep 17We Like These Underlying Return On Capital Trends At Tiangong International (HKG:826)
Aug 24Do Tiangong International's (HKG:826) Earnings Warrant Your Attention?
May 31Tiangong International (HKG:826) Has A Pretty Healthy Balance Sheet
Apr 15Should You Be Impressed By Tiangong International's (HKG:826) Returns on Capital?
Mar 17Is Tiangong International Company Limited's (HKG:826) 1.4% Dividend Sustainable?
Feb 22How Much Of Tiangong International Company Limited (HKG:826) Do Insiders Own?
Feb 09With EPS Growth And More, Tiangong International (HKG:826) Is Interesting
Jan 27
Executive Chairman Xiaokun Zhu Just Bought 42% More Shares In Tiangong International Company Limited (HKG:826)
Jan 14Shareholders of Tiangong International (HKG:826) Must Be Delighted With Their 572% Total Return
Jan 11Is Tiangong International Company Limited's(HKG:826) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 29Should We Be Excited About The Trends Of Returns At Tiangong International (HKG:826)?
Dec 16Is Tiangong International (HKG:826) A Risky Investment?
Dec 01Have Insiders Sold Tiangong International Company Limited (HKG:826) Shares Recently?
Nov 19Financial Position Analysis
Short Term Liabilities: 826's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 826's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥775.9M).
Debt to Equity History and Analysis
Debt Level: 826's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 826's debt to equity ratio has reduced from 66% to 39.2% over the past 5 years.
Debt Coverage: 826's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 826's interest payments on its debt are well covered by EBIT (4x coverage).