China SpacesatLtd Balance Sheet Health
Financial Health criteria checks 4/6
ChinacesatLtd has a total shareholder equity of CN¥8.1B and total debt of CN¥326.9M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥13.6B and CN¥5.4B respectively.
Key information
4.0%
Debt to equity ratio
CN¥326.87m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.53b |
| Equity | CN¥8.14b |
| Total liabilities | CN¥5.44b |
| Total assets | CN¥13.58b |
Recent financial health updates
Does China SpacesatLtd (SHSE:600118) Have A Healthy Balance Sheet?
Nov 30
Is China SpacesatLtd (SHSE:600118) A Risky Investment?
Jul 12China SpacesatLtd (SHSE:600118) Seems To Use Debt Quite Sensibly
Mar 21Recent updates
Does China SpacesatLtd (SHSE:600118) Have A Healthy Balance Sheet?
Nov 30A Piece Of The Puzzle Missing From China Spacesat Co.,Ltd.'s (SHSE:600118) Share Price
Sep 30Is China SpacesatLtd (SHSE:600118) A Risky Investment?
Jul 12Investors Aren't Entirely Convinced By China Spacesat Co.,Ltd.'s (SHSE:600118) Revenues
Jun 15China SpacesatLtd (SHSE:600118) Will Want To Turn Around Its Return Trends
May 25China SpacesatLtd's (SHSE:600118) Weak Earnings Might Be Worse Than They Appear
Apr 23China SpacesatLtd (SHSE:600118) Seems To Use Debt Quite Sensibly
Mar 21China Spacesat Co.,Ltd. (SHSE:600118) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 28Financial Position Analysis
Short Term Liabilities: 600118's short term assets (CN¥10.0B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 600118's short term assets (CN¥10.0B) exceed its long term liabilities (CN¥432.3M).
Debt to Equity History and Analysis
Debt Level: 600118 has more cash than its total debt.
Reducing Debt: 600118's debt to equity ratio has reduced from 12.6% to 4% over the past 5 years.
Debt Coverage: 600118's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600118's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 17:28 |
| End of Day Share Price | 2025/01/06 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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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
China Spacesat Co.,Ltd. is covered by 19 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 |
|---|---|
| Jun Zheng Li | Avic Securities Co., Ltd |
| Huiwei Yin | China International Capital Corporation Limited |
| Jie Liu | China Merchants Securities Co. Ltd. |