Chongqing Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Construction Engineering Group has a total shareholder equity of CN¥8.6B and total debt of CN¥18.9B, which brings its debt-to-equity ratio to 221.6%. Its total assets and total liabilities are CN¥84.8B and CN¥76.3B respectively. Chongqing Construction Engineering Group's EBIT is CN¥361.6M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥4.0B.
Key information
221.6%
Debt to equity ratio
CN¥18.95b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥4.03b |
| Equity | CN¥8.55b |
| Total liabilities | CN¥76.30b |
| Total assets | CN¥84.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600939's short term assets (CN¥65.7B) do not cover its short term liabilities (CN¥68.0B).
Long Term Liabilities: 600939's short term assets (CN¥65.7B) exceed its long term liabilities (CN¥8.3B).
Debt to Equity History and Analysis
Debt Level: 600939's net debt to equity ratio (174.5%) is considered high.
Reducing Debt: 600939's debt to equity ratio has increased from 163.7% to 221.6% over the past 5 years.
Debt Coverage: 600939's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600939's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 20:58 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Chongqing Construction Engineering Group Corporation Limited is covered by 2 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 |
|---|---|
| Tian Guang Long | China Galaxy Securities Co., Ltd. |
| Jie Meng | Industrial Securities Co. Ltd. |