China GlazeLtd Balance Sheet Health
Financial Health criteria checks 4/6
China GlazeLtd has a total shareholder equity of NT$3.4B and total debt of NT$720.2M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are NT$4.5B and NT$1.1B respectively. China GlazeLtd's EBIT is NT$19.5M making its interest coverage ratio -5.2. It has cash and short-term investments of NT$573.6M.
Key information
21.4%
Debt to equity ratio
NT$720.22m
Debt
| Interest coverage ratio | -5.2x |
| Cash | NT$573.63m |
| Equity | NT$3.36b |
| Total liabilities | NT$1.14b |
| Total assets | NT$4.50b |
Recent financial health updates
Does China GlazeLtd (TWSE:1809) Have A Healthy Balance Sheet?
Apr 26
Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?
Feb 18Recent updates
Investors Shouldn't Be Too Comfortable With China GlazeLtd's (TWSE:1809) Earnings
Nov 21China Glaze Co.,Ltd.'s (TWSE:1809) 30% Jump Shows Its Popularity With Investors
May 23Does China GlazeLtd (TWSE:1809) Have A Healthy Balance Sheet?
Apr 26Revenues Tell The Story For China Glaze Co.,Ltd. (TWSE:1809) As Its Stock Soars 82%
Feb 27Is China Glaze Co.,Ltd. (TPE:1809) A Strong Dividend Stock?
Apr 29Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?
Feb 18Is China Glaze Co.,Ltd. (TPE:1809) A Good Dividend Stock?
Jan 08China GlazeLtd (TPE:1809) Has Compensated Shareholders With A Respectable 38% Return On Their Investment
Dec 04Financial Position Analysis
Short Term Liabilities: 1809's short term assets (NT$2.0B) exceed its short term liabilities (NT$923.2M).
Long Term Liabilities: 1809's short term assets (NT$2.0B) exceed its long term liabilities (NT$216.7M).
Debt to Equity History and Analysis
Debt Level: 1809's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 1809's debt to equity ratio has increased from 14% to 21.4% over the past 5 years.
Debt Coverage: 1809's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 1809 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 | 2025/01/22 14:53 |
| End of Day Share Price | 2025/01/22 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 Glaze 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 |
|---|---|
| Meijun Yeh | Capital Securities Corporation |