China National Chemical Engineering Balance Sheet Health
Financial Health criteria checks 6/6
China National Chemical Engineering has a total shareholder equity of CN¥67.5B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥224.7B and CN¥157.2B respectively. China National Chemical Engineering's EBIT is CN¥7.2B making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥39.7B.
Key information
12.3%
Debt to equity ratio
CN¥8.30b
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥39.71b |
| Equity | CN¥67.51b |
| Total liabilities | CN¥157.16b |
| Total assets | CN¥224.67b |
Recent financial health updates
We Think China National Chemical Engineering (SHSE:601117) Can Stay On Top Of Its Debt
Sep 25
We Think China National Chemical Engineering (SHSE:601117) Can Stay On Top Of Its Debt
Jun 15Here's Why China National Chemical Engineering (SHSE:601117) Can Manage Its Debt Responsibly
Feb 29Recent updates
Why Investors Shouldn't Be Surprised By China National Chemical Engineering Co., Ltd's (SHSE:601117) Low P/E
Dec 10We Think China National Chemical Engineering (SHSE:601117) Can Stay On Top Of Its Debt
Sep 25China National Chemical Engineering Co., Ltd Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Sep 03China National Chemical Engineering Co., Ltd's (SHSE:601117) Low P/E No Reason For Excitement
Aug 28China National Chemical Engineering (SHSE:601117) Is Experiencing Growth In Returns On Capital
Jul 12We Think China National Chemical Engineering (SHSE:601117) Can Stay On Top Of Its Debt
Jun 15China 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¥173.6B) exceed its short term liabilities (CN¥147.3B).
Long Term Liabilities: 601117's short term assets (CN¥173.6B) exceed its long term liabilities (CN¥9.9B).
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 15.5% to 12.3% over the past 5 years.
Debt Coverage: 601117's debt is well covered by operating cash flow (82.7%).
Interest Coverage: 601117 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 | 2024/12/27 18:11 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 National Chemical Engineering Co., Ltd is covered by 27 analysts. 11 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 |
|---|---|
| Henghui Shi | Changjiang Securities Co. LTD. |
| Song Zhou | Changjiang Securities Co. LTD. |
| Tian Guang Long | China Galaxy Securities Co., Ltd. |