China National Chemical Engineering Balance Sheet Health
Financial Health criteria checks 6/6
China National Chemical Engineering has a total shareholder equity of CN¥65.8B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥219.7B and CN¥153.9B respectively. China National Chemical Engineering's EBIT is CN¥6.5B making its interest coverage ratio -7. It has cash and short-term investments of CN¥41.0B.
Key information
13.9%
Debt to equity ratio
CN¥9.15b
Debt
Interest coverage ratio | -7x |
Cash | CN¥41.04b |
Equity | CN¥65.79b |
Total liabilities | CN¥153.92b |
Total assets | CN¥219.71b |
Recent financial health updates
Recent updates
China National Chemical Engineering Co., Ltd (SHSE:601117) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
May 02Is China National Chemical Engineering Co., Ltd (SHSE:601117) Worth CN¥6.7 Based On Its Intrinsic Value?
Apr 12Return Trends At China National Chemical Engineering (SHSE:601117) Aren't Appealing
Mar 21Here's Why China National Chemical Engineering (SHSE:601117) Can Manage Its Debt Responsibly
Feb 29Financial Position Analysis
Short Term Liabilities: 601117's short term assets (CN¥170.1B) exceed its short term liabilities (CN¥144.2B).
Long Term Liabilities: 601117's short term assets (CN¥170.1B) exceed its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: 601117 has more cash than its total debt.
Reducing Debt: 601117's debt to equity ratio has reduced from 17% to 13.9% over the past 5 years.
Debt Coverage: 601117's debt is well covered by operating cash flow (91.6%).
Interest Coverage: 601117 earns more interest than it pays, so coverage of interest payments is not a concern.