China State Construction Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China State Construction Engineering has a total shareholder equity of CN¥748.6B and total debt of CN¥880.9B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are CN¥2,966.2B and CN¥2,217.6B respectively. China State Construction Engineering's EBIT is CN¥111.2B making its interest coverage ratio 9. It has cash and short-term investments of CN¥339.2B.
Key information
117.7%
Debt to equity ratio
CN¥880.90b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥339.18b |
| Equity | CN¥748.60b |
| Total liabilities | CN¥2.22t |
| Total assets | CN¥2.97t |
Recent financial health updates
No updates
Recent updates
China State Construction Engineering Corporation Limited (SHSE:601668) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 21
There's No Escaping China State Construction Engineering Corporation Limited's (SHSE:601668) Muted Earnings
Apr 09Returns On Capital At China State Construction Engineering (SHSE:601668) Have Stalled
Feb 29Financial Position Analysis
Short Term Liabilities: 601668's short term assets (CN¥2,093.7B) exceed its short term liabilities (CN¥1,566.4B).
Long Term Liabilities: 601668's short term assets (CN¥2,093.7B) exceed its long term liabilities (CN¥651.2B).
Debt to Equity History and Analysis
Debt Level: 601668's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: 601668's debt to equity ratio has increased from 106.6% to 117.7% over the past 5 years.
Debt Coverage: 601668's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601668's interest payments on its debt are well covered by EBIT (9x coverage).