China Western Power Industrial Co., Ltd.

SZSE:002630 Stock Report

Market Cap: CN¥3.9b

China Western Power Industrial Balance Sheet Health

Financial Health criteria checks 1/6

China Western Power Industrial has a total shareholder equity of CN¥769.6M and total debt of CN¥4.9B, which brings its debt-to-equity ratio to 637.6%. Its total assets and total liabilities are CN¥9.8B and CN¥9.0B respectively. China Western Power Industrial's EBIT is CN¥409.5M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥176.8M.

Key information

637.6%

Debt to equity ratio

CN¥4.91b

Debt

Interest coverage ratio1.9x
CashCN¥176.76m
EquityCN¥769.60m
Total liabilitiesCN¥9.01b
Total assetsCN¥9.78b

Recent financial health updates

No updates

Recent updates

China Western Power Industrial Co., Ltd. (SZSE:002630) Surges 42% Yet Its Low P/S Is No Reason For Excitement

Oct 23
China Western Power Industrial Co., Ltd. (SZSE:002630) Surges 42% Yet Its Low P/S Is No Reason For Excitement

China Western Power Industrial (SZSE:002630) Might Have The Makings Of A Multi-Bagger

Sep 30
China Western Power Industrial (SZSE:002630) Might Have The Makings Of A Multi-Bagger

Impressive Earnings May Not Tell The Whole Story For China Western Power Industrial (SZSE:002630)

Sep 03
Impressive Earnings May Not Tell The Whole Story For China Western Power Industrial (SZSE:002630)

China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Is Matching Sentiment Around Its Revenues

Aug 19
China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Is Matching Sentiment Around Its Revenues

China Western Power Industrial (SZSE:002630) Is Experiencing Growth In Returns On Capital

Apr 29
China Western Power Industrial (SZSE:002630) Is Experiencing Growth In Returns On Capital

China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Mar 11
China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Financial Position Analysis

Short Term Liabilities: 002630's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥4.2B).

Long Term Liabilities: 002630's short term assets (CN¥4.4B) do not cover its long term liabilities (CN¥4.8B).


Debt to Equity History and Analysis

Debt Level: 002630's net debt to equity ratio (614.6%) is considered high.

Reducing Debt: 002630's debt to equity ratio has increased from 120.6% to 637.6% over the past 5 years.

Debt Coverage: 002630's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 002630's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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