CRRC Balance Sheet Health
Financial Health criteria checks 6/6
CRRC has a total shareholder equity of CN¥203.8B and total debt of CN¥14.5B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥501.5B and CN¥297.7B respectively. CRRC's EBIT is CN¥16.0B making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥55.4B.
Key information
7.1%
Debt to equity ratio
CN¥14.52b
Debt
| Interest coverage ratio | -12.1x |
| Cash | CN¥55.39b |
| Equity | CN¥203.81b |
| Total liabilities | CN¥297.69b |
| Total assets | CN¥501.50b |
Recent financial health updates
CRRC (SHSE:601766) Could Easily Take On More Debt
Aug 01
CRRC (SHSE:601766) Has A Rock Solid Balance Sheet
Apr 19Recent updates
There Is A Reason CRRC Corporation Limited's (SHSE:601766) Price Is Undemanding
Dec 11Estimating The Intrinsic Value Of CRRC Corporation Limited (SHSE:601766)
Nov 28Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?
Nov 14CRRC (SHSE:601766) Hasn't Managed To Accelerate Its Returns
Oct 16CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20
Aug 10CRRC (SHSE:601766) Could Easily Take On More Debt
Aug 01Investors Aren't Buying CRRC Corporation Limited's (SHSE:601766) Earnings
Jun 25Returns On Capital Signal Tricky Times Ahead For CRRC (SHSE:601766)
Jun 07CRRC (SHSE:601766) Has A Rock Solid Balance Sheet
Apr 19CRRC's (SHSE:601766) Solid Earnings May Rest On Weak Foundations
Apr 04An Intrinsic Calculation For CRRC Corporation Limited (SHSE:601766) Suggests It's 42% Undervalued
Mar 28Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?
Mar 14Returns On Capital At CRRC (SHSE:601766) Have Stalled
Mar 01Financial Position Analysis
Short Term Liabilities: 601766's short term assets (CN¥339.1B) exceed its short term liabilities (CN¥273.5B).
Long Term Liabilities: 601766's short term assets (CN¥339.1B) exceed its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: 601766 has more cash than its total debt.
Reducing Debt: 601766's debt to equity ratio has reduced from 15% to 7.1% over the past 5 years.
Debt Coverage: 601766's debt is well covered by operating cash flow (181.4%).
Interest Coverage: 601766 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 | 2024/12/30 06:16 |
| End of Day Share Price | 2024/12/30 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
CRRC Corporation Limited is covered by 54 analysts. 13 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 |
|---|---|
| Patrick Xu | Barclays |
| Victoria Li | Barclays |
| Tingting Li | BNP Paribas Securities (Asia) |