China Marine Information Electronics Balance Sheet Health
Financial Health criteria checks 4/6
China Marine Information Electronics has a total shareholder equity of CN¥8.4B and total debt of CN¥697.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥11.7B and CN¥3.3B respectively. China Marine Information Electronics's EBIT is CN¥325.6M making its interest coverage ratio -123.8. It has cash and short-term investments of CN¥2.3B.
Key information
8.3%
Debt to equity ratio
CN¥697.12m
Debt
| Interest coverage ratio | -123.8x |
| Cash | CN¥2.32b |
| Equity | CN¥8.39b |
| Total liabilities | CN¥3.34b |
| Total assets | CN¥11.72b |
Recent financial health updates
Here's Why China Marine Information Electronics (SHSE:600764) Can Manage Its Debt Responsibly
Nov 26
We Think China Marine Information Electronics (SHSE:600764) Can Stay On Top Of Its Debt
Jul 04Does China Marine Information Electronics (SHSE:600764) Have A Healthy Balance Sheet?
Mar 22Recent updates
Here's Why China Marine Information Electronics (SHSE:600764) Can Manage Its Debt Responsibly
Nov 26After Leaping 26% China Marine Information Electronics Company Limited (SHSE:600764) Shares Are Not Flying Under The Radar
Oct 01China Marine Information Electronics' (SHSE:600764) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 05China Marine Information Electronics (SHSE:600764) Will Be Hoping To Turn Its Returns On Capital Around
Aug 19We Think China Marine Information Electronics (SHSE:600764) Can Stay On Top Of Its Debt
Jul 04Some Confidence Is Lacking In China Marine Information Electronics Company Limited's (SHSE:600764) P/E
May 21Does China Marine Information Electronics (SHSE:600764) Have A Healthy Balance Sheet?
Mar 22Slowing Rates Of Return At China Marine Information Electronics (SHSE:600764) Leave Little Room For Excitement
Feb 28Financial Position Analysis
Short Term Liabilities: 600764's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600764's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥387.2M).
Debt to Equity History and Analysis
Debt Level: 600764 has more cash than its total debt.
Reducing Debt: 600764's debt to equity ratio has increased from 4.8% to 8.3% over the past 5 years.
Debt Coverage: 600764's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 600764 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 | 2025/01/07 02:12 |
| End of Day Share Price | 2025/01/07 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
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Analyst Sources
China Marine Information Electronics Company Limited is covered by 3 analysts. 2 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 |
|---|---|
| Cheng Zhang | Changjiang Securities Co. LTD. |
| Cong Li | Huatai Research |
| Kang Shi | Industrial Securities Co. Ltd. |