China Western Power Industrial Balance Sheet Health
Financial Health criteria checks 1/6
China Western Power Industrial has a total shareholder equity of CN¥758.8M and total debt of CN¥4.8B, which brings its debt-to-equity ratio to 636.1%. Its total assets and total liabilities are CN¥9.4B and CN¥8.6B respectively. China Western Power Industrial's EBIT is CN¥408.7M making its interest coverage ratio 2. It has cash and short-term investments of CN¥214.2M.
Key information
636.1%
Debt to equity ratio
CN¥4.83b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥214.23m |
| Equity | CN¥758.81m |
| Total liabilities | CN¥8.63b |
| Total assets | CN¥9.38b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For China Western Power Industrial (SZSE:002630)
Sep 03
China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Is Matching Sentiment Around Its Revenues
Aug 19China Western Power Industrial (SZSE:002630) Is Experiencing Growth In Returns On Capital
Apr 29China Western Power Industrial Co., Ltd.'s (SZSE:002630) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Mar 11Financial Position Analysis
Short Term Liabilities: 002630's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002630's short term assets (CN¥4.0B) do not cover its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 002630's net debt to equity ratio (607.9%) is considered high.
Reducing Debt: 002630's debt to equity ratio has increased from 135.8% to 636.1% 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 (2x coverage).