Chian Hsing Forging Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Chian Hsing Forging Industrial has a total shareholder equity of NT$2.3B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are NT$3.8B and NT$1.5B respectively. Chian Hsing Forging Industrial's EBIT is NT$21.9M making its interest coverage ratio 1.2. It has cash and short-term investments of NT$648.1M.
Key information
54.6%
Debt to equity ratio
NT$1.24b
Debt
| Interest coverage ratio | 1.2x |
| Cash | NT$648.10m |
| Equity | NT$2.27b |
| Total liabilities | NT$1.51b |
| Total assets | NT$3.78b |
Recent financial health updates
We Think Chian Hsing Forging Industrial (GTSM:4528) Can Stay On Top Of Its Debt
Mar 15
Is Chian Hsing Forging Industrial (GTSM:4528) A Risky Investment?
Dec 13
Recent updates
Here's What's Concerning About Chian Hsing Forging Industrial's (GTSM:4528) Returns On Capital
Apr 30We Think Chian Hsing Forging Industrial (GTSM:4528) Can Stay On Top Of Its Debt
Mar 15At NT$50.10, Is Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) Worth Looking At Closely?
Feb 28How Much Did Chian Hsing Forging Industrial's(GTSM:4528) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 11Is Chian Hsing Forging Industrial (GTSM:4528) Likely To Turn Things Around?
Jan 27Consider This Before Buying Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) For The 3.4% Dividend
Jan 12Chian Hsing Forging Industrial Co., Ltd.'s (GTSM:4528) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 28Is Chian Hsing Forging Industrial (GTSM:4528) A Risky Investment?
Dec 13At NT$49.10, Is It Time To Put Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) On Your Watch List?
Nov 29Financial Position Analysis
Short Term Liabilities: 4528's short term assets (NT$1.4B) exceed its short term liabilities (NT$783.7M).
Long Term Liabilities: 4528's short term assets (NT$1.4B) exceed its long term liabilities (NT$725.1M).
Debt to Equity History and Analysis
Debt Level: 4528's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 4528's debt to equity ratio has reduced from 72.9% to 54.6% over the past 5 years.
Debt Coverage: 4528's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 4528's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 05:06 |
| End of Day Share Price | 2024/12/24 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Chian Hsing Forging Industrial Co., Ltd. is covered by 6 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 |
|---|---|
| Zhizhong Chen | Capital Securities Corporation |
| Leonne Chen | CL Securities Taiwan Company Limited |
| Kent Chen | IBTS Investment Consulting Co., Ltd. |