China Fineblanking TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
China Fineblanking TechnologyLtd has a total shareholder equity of NT$1.5B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 107%. Its total assets and total liabilities are NT$3.9B and NT$2.4B respectively. China Fineblanking TechnologyLtd's EBIT is NT$60.3M making its interest coverage ratio 1.8. It has cash and short-term investments of NT$349.2M.
Key information
107.0%
Debt to equity ratio
NT$1.65b
Debt
| Interest coverage ratio | 1.8x |
| Cash | NT$349.23m |
| Equity | NT$1.54b |
| Total liabilities | NT$2.37b |
| Total assets | NT$3.91b |
Recent financial health updates
Here's Why China Fineblanking TechnologyLtd (GTSM:1586) Can Manage Its Debt Responsibly
Apr 10
Is China Fineblanking TechnologyLtd (GTSM:1586) Using Too Much Debt?
Dec 21
Recent updates
China Fineblanking Technology Co.,Ltd.'s (GTSM:1586) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 01Here's Why China Fineblanking TechnologyLtd (GTSM:1586) Can Manage Its Debt Responsibly
Apr 10China Fineblanking Technology Co.,Ltd. (GTSM:1586) Has A ROE Of 7.9%
Mar 20China Fineblanking TechnologyLtd (GTSM:1586) Is Growing Earnings But Are They A Good Guide?
Feb 22The China Fineblanking TechnologyLtd (GTSM:1586) Share Price Is Up 62% And Shareholders Are Holding On
Feb 01What Do The Returns At China Fineblanking TechnologyLtd (GTSM:1586) Mean Going Forward?
Jan 11Is China Fineblanking TechnologyLtd (GTSM:1586) Using Too Much Debt?
Dec 21With A Return On Equity Of 7.9%, Has China Fineblanking Technology Co.,Ltd.'s (GTSM:1586) Management Done Well?
Nov 30Financial Position Analysis
Short Term Liabilities: 1586's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 1586's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 1586's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: 1586's debt to equity ratio has increased from 84.1% to 107% over the past 5 years.
Debt Coverage: 1586's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 1586's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 05:11 |
| End of Day Share Price | 2025/01/10 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
China Fineblanking Technology Co.,Ltd. is covered by 1 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 |
|---|---|
| Sheng-Kuo Shih | Jih Sun Securities Investment Consulting Co., Ltd. |