Power Construction Corporation of China Balance Sheet Health
Financial Health criteria checks 3/6
Power Construction of China has a total shareholder equity of CN¥264.6B and total debt of CN¥468.8B, which brings its debt-to-equity ratio to 177.2%. Its total assets and total liabilities are CN¥1,215.2B and CN¥950.6B respectively. Power Construction of China's EBIT is CN¥31.6B making its interest coverage ratio 4. It has cash and short-term investments of CN¥112.9B.
Key information
177.2%
Debt to equity ratio
CN¥468.85b
Debt
Interest coverage ratio | 4x |
Cash | CN¥112.87b |
Equity | CN¥264.63b |
Total liabilities | CN¥950.55b |
Total assets | CN¥1.22t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601669's short term assets (CN¥507.4B) do not cover its short term liabilities (CN¥568.5B).
Long Term Liabilities: 601669's short term assets (CN¥507.4B) exceed its long term liabilities (CN¥382.1B).
Debt to Equity History and Analysis
Debt Level: 601669's net debt to equity ratio (134.5%) is considered high.
Reducing Debt: 601669's debt to equity ratio has reduced from 219.9% to 177.2% over the past 5 years.
Debt Coverage: 601669's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 601669's interest payments on its debt are well covered by EBIT (4x coverage).