Ceepower Balance Sheet Health
Financial Health criteria checks 4/6
Ceepower has a total shareholder equity of CN¥1.3B and total debt of CN¥660.0M, which brings its debt-to-equity ratio to 50.2%. Its total assets and total liabilities are CN¥3.0B and CN¥1.7B respectively. Ceepower's EBIT is CN¥26.5M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥549.4M.
Key information
50.2%
Debt to equity ratio
CN¥660.00m
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥549.42m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥1.67b |
| Total assets | CN¥2.98b |
Recent financial health updates
No updates
Recent updates
What Ceepower Co., Ltd.'s (SZSE:300062) 40% Share Price Gain Is Not Telling You
Oct 08
Ceepower Co., Ltd.'s (SZSE:300062) Business Is Trailing The Market But Its Shares Aren't
Jul 02The Returns On Capital At Ceepower (SZSE:300062) Don't Inspire Confidence
Jun 07Earnings Not Telling The Story For Ceepower Co., Ltd. (SZSE:300062) After Shares Rise 27%
Mar 07Financial Position Analysis
Short Term Liabilities: 300062's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300062's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥560.6M).
Debt to Equity History and Analysis
Debt Level: 300062's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 300062's debt to equity ratio has reduced from 80.2% to 50.2% over the past 5 years.
Debt Coverage: 300062's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300062's interest payments on its debt are not well covered by EBIT (2.6x coverage).