China Resources and EnvironmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
China Resources and EnvironmentLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are CN¥8.3B and CN¥4.8B respectively. China Resources and EnvironmentLtd's EBIT is CN¥143.1M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥901.2M.
Key information
119.5%
Debt to equity ratio
CN¥4.19b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥901.23m |
| Equity | CN¥3.51b |
| Total liabilities | CN¥4.83b |
| Total assets | CN¥8.34b |
Recent financial health updates
Recent updates
Investors Could Be Concerned With China Resources and EnvironmentLtd's (SHSE:600217) Returns On Capital
Dec 20
China Resources and EnvironmentLtd's (SHSE:600217) Performance Raises Some Questions
Nov 06China Resources and Environment Co.,Ltd.'s (SHSE:600217) Business Is Yet to Catch Up With Its Share Price
Oct 07Is China Resources and EnvironmentLtd (SHSE:600217) A Risky Investment?
Aug 16China Resources and EnvironmentLtd's (SHSE:600217) Performance Is Even Better Than Its Earnings Suggest
May 06China Resources and Environment Co.,Ltd.'s (SHSE:600217) Business And Shares Still Trailing The Industry
Apr 17Financial Position Analysis
Short Term Liabilities: 600217's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 600217's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥780.6M).
Debt to Equity History and Analysis
Debt Level: 600217's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: 600217's debt to equity ratio has reduced from 146% to 119.5% over the past 5 years.
Debt Coverage: 600217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600217's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:07 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
China Resources and Environment Co.,Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Chunyang Zhu | China Merchants Securities Co. Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |