China Aluminum International Engineering Balance Sheet Health
Financial Health criteria checks 4/6
China Aluminum International Engineering has a total shareholder equity of CN¥6.5B and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 184.1%. Its total assets and total liabilities are CN¥41.7B and CN¥35.2B respectively.
Key information
184.1%
Debt to equity ratio
CN¥11.97b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.18b |
| Equity | CN¥6.50b |
| Total liabilities | CN¥35.16b |
| Total assets | CN¥41.67b |
Recent financial health updates
Recent updates
China Aluminum International Engineering (SHSE:601068) Is Making Moderate Use Of Debt
Dec 12
Why Investors Shouldn't Be Surprised By China Aluminum International Engineering Corporation Limited's (SHSE:601068) Low P/S
Oct 02Here's Why China Aluminum International Engineering Corporation Limited's (SHSE:601068) CEO Compensation Is The Least Of Shareholders' Concerns
Jun 11China Aluminum International Engineering Corporation Limited's (SHSE:601068) Business And Shares Still Trailing The Industry
May 27Financial Position Analysis
Short Term Liabilities: 601068's short term assets (CN¥33.1B) exceed its short term liabilities (CN¥27.2B).
Long Term Liabilities: 601068's short term assets (CN¥33.1B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 601068's net debt to equity ratio (119.8%) is considered high.
Reducing Debt: 601068's debt to equity ratio has increased from 113.9% to 184.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 601068 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 601068 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 6.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:21 |
| End of Day Share Price | 2024/12/26 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 Aluminum International Engineering Corporation Limited is covered by 2 analysts. 1 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 |
|---|---|
| Yue Ding | China International Capital Corporation Limited |
| Xinjie Zhang | Haitong International Research Limited |