China Railway High-speed Electrification Equipment Balance Sheet Health
Financial Health criteria checks 6/6
China Railway High-speed Electrification Equipment has a total shareholder equity of CN¥1.6B and total debt of CN¥244.2M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively. China Railway High-speed Electrification Equipment's EBIT is CN¥12.0M making its interest coverage ratio -11. It has cash and short-term investments of CN¥478.6M.
Key information
14.9%
Debt to equity ratio
CN¥244.21m
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥478.60m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥3.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688285's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688285's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 688285 has more cash than its total debt.
Reducing Debt: 688285's debt to equity ratio has reduced from 19.8% to 14.9% over the past 5 years.
Debt Coverage: 688285's debt is well covered by operating cash flow (54%).
Interest Coverage: 688285 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 | 2024/12/25 00:33 |
| End of Day Share Price | 2024/12/25 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.
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Analyst Sources
China Railway High-speed Electrification Equipment Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
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