Tan Chong International Balance Sheet Health
Financial Health criteria checks 2/6
Tan Chong International has a total shareholder equity of HK$12.0B and total debt of HK$7.6B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are HK$22.9B and HK$10.9B respectively. Tan Chong International's EBIT is HK$417.6M making its interest coverage ratio 3. It has cash and short-term investments of HK$1.9B.
Key information
63.8%
Debt to equity ratio
HK$7.63b
Debt
| Interest coverage ratio | 3x |
| Cash | HK$1.92b |
| Equity | HK$11.95b |
| Total liabilities | HK$10.94b |
| Total assets | HK$22.89b |
Recent financial health updates
Recent updates
Tan Chong International's (HKG:693) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 02
We Think Some Shareholders May Hesitate To Increase Tan Chong International Limited's (HKG:693) CEO Compensation
May 21Weak Statutory Earnings May Not Tell The Whole Story For Tan Chong International (HKG:693)
May 02Tan Chong International (HKG:693) Has Announced A Dividend Of HK$0.045
Apr 25Tan Chong International (HKG:693) Will Pay A Dividend Of HK$0.045
Mar 31Some Investors May Be Worried About Tan Chong International's (HKG:693) Returns On Capital
Dec 21Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.075
Mar 30Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Aug 24Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.05
Apr 27Tan Chong International's (HKG:693) Upcoming Dividend Will Be Larger Than Last Year's
Mar 28Tan Chong International (HKG:693) Is Increasing Its Dividend To HK$0.015
Aug 26Is Tan Chong International (HKG:693) A Risky Investment?
Apr 05The Returns On Capital At Tan Chong International (HKG:693) Don't Inspire Confidence
Mar 07How Does Tan Chong International Limited (HKG:693) Fare As A Dividend Stock?
Feb 08We're Not So Sure You Should Rely on Tan Chong International's (HKG:693) Statutory Earnings
Jan 18If You Had Bought Tan Chong International's (HKG:693) Shares Five Years Ago You Would Be Down 22%
Dec 22Here's What We Make Of Tan Chong International's (HKG:693) Returns On Capital
Dec 04Financial Position Analysis
Short Term Liabilities: 693's short term assets (HK$9.2B) exceed its short term liabilities (HK$7.7B).
Long Term Liabilities: 693's short term assets (HK$9.2B) exceed its long term liabilities (HK$3.3B).
Debt to Equity History and Analysis
Debt Level: 693's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 693's debt to equity ratio has increased from 24.7% to 63.8% over the past 5 years.
Debt Coverage: 693's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 693's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 02:58 |
| End of Day Share Price | 2024/12/30 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Tan Chong International Limited is covered by 0 analysts. 0 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 |
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