China Southern Power Grid Energy Efficiency & Clean Energy Balance Sheet Health
Financial Health criteria checks 1/6
China Southern Power Grid Energy Efficiency & Clean Energy has a total shareholder equity of CN¥7.7B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are CN¥20.0B and CN¥12.2B respectively. China Southern Power Grid Energy Efficiency & Clean Energy's EBIT is CN¥446.6M making its interest coverage ratio 2. It has cash and short-term investments of CN¥1.1B.
Key information
104.2%
Debt to equity ratio
CN¥8.07b
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥1.12b |
| Equity | CN¥7.75b |
| Total liabilities | CN¥12.24b |
| Total assets | CN¥19.99b |
Recent financial health updates
China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Seems To Be Using A Lot Of Debt
Nov 26
China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Use Of Debt Could Be Considered Risky
Aug 16Recent updates
China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Seems To Be Using A Lot Of Debt
Nov 26The Price Is Right For China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd. (SZSE:003035)
Sep 24China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Use Of Debt Could Be Considered Risky
Aug 16China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Hasn't Managed To Accelerate Its Returns
Jun 20Slowing Rates Of Return At China Southern Power Grid Energy Efficiency & Clean Energy (SZSE:003035) Leave Little Room For Excitement
Feb 29Financial Position Analysis
Short Term Liabilities: 003035's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 003035's short term assets (CN¥4.6B) do not cover its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 003035's net debt to equity ratio (89.7%) is considered high.
Reducing Debt: 003035's debt to equity ratio has increased from 67.5% to 104.2% over the past 5 years.
Debt Coverage: 003035's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 003035's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:34 |
| End of Day Share Price | 2024/12/20 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.
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Industry and Sector Metrics
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Analyst Sources
China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd. is covered by 6 analysts. 5 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 |
|---|---|
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Zun Zhu | China International Capital Corporation Limited |
| Zhongshu Yin | Everbright Securities Co. Ltd. |