China Energy Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China Energy Engineering has a total shareholder equity of CN¥191.0B and total debt of CN¥258.3B, which brings its debt-to-equity ratio to 135.3%. Its total assets and total liabilities are CN¥815.5B and CN¥624.5B respectively. China Energy Engineering's EBIT is CN¥18.9B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥68.2B.
Key information
135.3%
Debt to equity ratio
CN¥258.28b
Debt
Interest coverage ratio | 4.4x |
Cash | CN¥68.20b |
Equity | CN¥190.96b |
Total liabilities | CN¥624.50b |
Total assets | CN¥815.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601868's short term assets (CN¥454.5B) exceed its short term liabilities (CN¥427.8B).
Long Term Liabilities: 601868's short term assets (CN¥454.5B) exceed its long term liabilities (CN¥196.7B).
Debt to Equity History and Analysis
Debt Level: 601868's net debt to equity ratio (99.5%) is considered high.
Reducing Debt: 601868's debt to equity ratio has increased from 87.4% to 135.3% over the past 5 years.
Debt Coverage: 601868's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: 601868's interest payments on its debt are well covered by EBIT (4.4x coverage).