China Nuclear Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China Nuclear Engineering has a total shareholder equity of CN¥38.6B and total debt of CN¥83.9B, which brings its debt-to-equity ratio to 217.7%. Its total assets and total liabilities are CN¥225.5B and CN¥186.9B respectively. China Nuclear Engineering's EBIT is CN¥5.0B making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥16.0B.
Key information
217.7%
Debt to equity ratio
CN¥83.92b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥16.00b |
| Equity | CN¥38.56b |
| Total liabilities | CN¥186.94b |
| Total assets | CN¥225.50b |
Recent financial health updates
Does China Nuclear Engineering (SHSE:601611) Have A Healthy Balance Sheet?
Jun 18
Is China Nuclear Engineering (SHSE:601611) A Risky Investment?
Feb 29Recent updates
Here's What To Make Of China Nuclear Engineering's (SHSE:601611) Decelerating Rates Of Return
Sep 20China Nuclear Engineering Corporation Limited (SHSE:601611) Might Not Be As Mispriced As It Looks
Aug 29Does China Nuclear Engineering (SHSE:601611) Have A Healthy Balance Sheet?
Jun 18Why Investors Shouldn't Be Surprised By China Nuclear Engineering Corporation Limited's (SHSE:601611) Low P/E
May 28China Nuclear Engineering (SHSE:601611) Could Be Struggling To Allocate Capital
Apr 18Is China Nuclear Engineering (SHSE:601611) A Risky Investment?
Feb 29Financial Position Analysis
Short Term Liabilities: 601611's short term assets (CN¥155.9B) exceed its short term liabilities (CN¥143.1B).
Long Term Liabilities: 601611's short term assets (CN¥155.9B) exceed its long term liabilities (CN¥43.9B).
Debt to Equity History and Analysis
Debt Level: 601611's net debt to equity ratio (176.2%) is considered high.
Reducing Debt: 601611's debt to equity ratio has increased from 170.2% to 217.7% over the past 5 years.
Debt Coverage: 601611's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601611's interest payments on its debt are well covered by EBIT (3.8x coverage).