Beijing SPC Environment Protection Tech Co., Ltd.

SZSE:002573 Stock Report

Market Cap: CN¥5.9b

Beijing SPC Environment Protection Tech Balance Sheet Health

Financial Health criteria checks 2/6

Beijing SPC Environment Protection Tech has a total shareholder equity of CN¥7.9B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 148.1%. Its total assets and total liabilities are CN¥25.6B and CN¥17.7B respectively. Beijing SPC Environment Protection Tech's EBIT is CN¥391.6M making its interest coverage ratio 11.7. It has cash and short-term investments of CN¥1.0B.

Key information

148.1%

Debt to equity ratio

CN¥11.67b

Debt

Interest coverage ratio11.7x
CashCN¥1.02b
EquityCN¥7.88b
Total liabilitiesCN¥17.67b
Total assetsCN¥25.55b

Recent financial health updates

No updates

Recent updates

Earnings Working Against Beijing SPC Environment Protection Tech Co., Ltd.'s (SZSE:002573) Share Price

Apr 17
Earnings Working Against Beijing SPC Environment Protection Tech Co., Ltd.'s (SZSE:002573) Share Price

Financial Position Analysis

Short Term Liabilities: 002573's short term assets (CN¥10.4B) do not cover its short term liabilities (CN¥10.4B).

Long Term Liabilities: 002573's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥7.3B).


Debt to Equity History and Analysis

Debt Level: 002573's net debt to equity ratio (135.2%) is considered high.

Reducing Debt: 002573's debt to equity ratio has increased from 63.2% to 148.1% over the past 5 years.

Debt Coverage: 002573's debt is not well covered by operating cash flow (10.4%).

Interest Coverage: 002573's interest payments on its debt are well covered by EBIT (11.7x coverage).


Balance Sheet


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