China National Electric Apparatus Research Institute Balance Sheet Health
Financial Health criteria checks 6/6
China National Electric Apparatus Research Institute has a total shareholder equity of CN¥3.1B and total debt of CN¥24.7M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥7.1B and CN¥4.0B respectively. China National Electric Apparatus Research Institute's EBIT is CN¥402.5M making its interest coverage ratio -10. It has cash and short-term investments of CN¥869.8M.
Key information
0.8%
Debt to equity ratio
CN¥24.65m
Debt
| Interest coverage ratio | -10x |
| Cash | CN¥869.85m |
| Equity | CN¥3.09b |
| Total liabilities | CN¥4.03b |
| Total assets | CN¥7.12b |
Recent financial health updates
Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?
Sep 25
Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?
Mar 01Recent updates
China National Electric Apparatus Research Institute's (SHSE:688128) Profits Appear To Have Quality Issues
Nov 04Improved Earnings Required Before China National Electric Apparatus Research Institute Co., Ltd. (SHSE:688128) Stock's 38% Jump Looks Justified
Oct 10Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?
Sep 25Calculating The Fair Value Of China National Electric Apparatus Research Institute Co., Ltd. (SHSE:688128)
Jun 06We Think You Should Be Aware Of Some Concerning Factors In China National Electric Apparatus Research Institute's (SHSE:688128) Earnings
Apr 29Return Trends At China National Electric Apparatus Research Institute (SHSE:688128) Aren't Appealing
Mar 27China National Electric Apparatus Research Institute Co., Ltd.'s (SHSE:688128) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 06Does China National Electric Apparatus Research Institute (SHSE:688128) Have A Healthy Balance Sheet?
Mar 01Financial Position Analysis
Short Term Liabilities: 688128's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 688128's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥189.6M).
Debt to Equity History and Analysis
Debt Level: 688128 has more cash than its total debt.
Reducing Debt: 688128's debt to equity ratio has reduced from 7% to 0.8% over the past 5 years.
Debt Coverage: 688128's debt is well covered by operating cash flow (1982.5%).
Interest Coverage: 688128 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 | 2024/12/24 14:07 |
| End of Day Share Price | 2024/12/24 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
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Industry and Sector Metrics
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Analyst Sources
China National Electric Apparatus Research Institute Co., Ltd. is covered by 1 analysts. 1 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 |
|---|---|
| Shuang Wu | Guosen Securities Co., Ltd. |