Shanghai CEO Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai CEO Environmental Protection Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥11.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.4B and CN¥187.9M respectively. Shanghai CEO Environmental Protection Technology's EBIT is CN¥24.2M making its interest coverage ratio -2. It has cash and short-term investments of CN¥509.5M.
Key information
1.0%
Debt to equity ratio
CN¥11.60m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥509.49m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥187.87m |
| Total assets | CN¥1.39b |
Recent financial health updates
No updates
Recent updates
There Might Be More To Shanghai CEO Environmental Protection Technology's (SHSE:688335) Story Than Just Weak Earnings
Nov 02
Why Investors Shouldn't Be Surprised By Shanghai CEO Environmental Protection Technology Co., Ltd's (SHSE:688335) 38% Share Price Surge
Oct 09Earnings Troubles May Signal Larger Issues for Shanghai CEO Environmental Protection Technology (SHSE:688335) Shareholders
Apr 03Shanghai CEO Environmental Protection Technology Co., Ltd's (SHSE:688335) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Mar 08Financial Position Analysis
Short Term Liabilities: 688335's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥178.9M).
Long Term Liabilities: 688335's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥9.0M).
Debt to Equity History and Analysis
Debt Level: 688335 has more cash than its total debt.
Reducing Debt: 688335 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 688335's debt is well covered by operating cash flow (78.5%).
Interest Coverage: 688335 earns more interest than it pays, so coverage of interest payments is not a concern.