China Railway Construction Heavy Industry Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Construction Heavy Industry has a total shareholder equity of CN¥16.8B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥27.7B and CN¥10.9B respectively. China Railway Construction Heavy Industry's EBIT is CN¥1.0B making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥2.0B.
Key information
15.5%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | -6.3x |
| Cash | CN¥1.95b |
| Equity | CN¥16.79b |
| Total liabilities | CN¥10.89b |
| Total assets | CN¥27.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688425's short term assets (CN¥17.3B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 688425's short term assets (CN¥17.3B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 688425's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 688425's debt to equity ratio has increased from 7% to 15.5% over the past 5 years.
Debt Coverage: 688425's debt is well covered by operating cash flow (23%).
Interest Coverage: 688425 earns more interest than it pays, so coverage of interest payments is not a concern.