Cec Environmental ProtectionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Cec Environmental ProtectionLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥86.5M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥2.7B and CN¥785.6M respectively. Cec Environmental ProtectionLtd's EBIT is CN¥62.4M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥657.1M.
Key information
4.4%
Debt to equity ratio
CN¥86.50m
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥657.13m |
| Equity | CN¥1.95b |
| Total liabilities | CN¥785.64m |
| Total assets | CN¥2.73b |
Recent financial health updates
Recent updates
Why Cec Environmental ProtectionLtd's (SZSE:300172) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 23
What Cec Environmental Protection Co.,Ltd's (SZSE:300172) 37% Share Price Gain Is Not Telling You
Oct 08Cec Environmental ProtectionLtd (SZSE:300172) Seems To Use Debt Quite Sensibly
Oct 01Here's What's Concerning About Cec Environmental ProtectionLtd's (SZSE:300172) Returns On Capital
Jun 07Cec Environmental ProtectionLtd's (SZSE:300172) Dividend Will Be Reduced To CN¥0.03
May 03Cec Environmental ProtectionLtd's (SZSE:300172) Solid Earnings Have Been Accounted For Conservatively
Apr 08What Cec Environmental Protection Co.,Ltd's (SZSE:300172) 28% Share Price Gain Is Not Telling You
Mar 26Cec Environmental Protection Co.,Ltd's (SZSE:300172) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 26Financial Position Analysis
Short Term Liabilities: 300172's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥666.4M).
Long Term Liabilities: 300172's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥119.3M).
Debt to Equity History and Analysis
Debt Level: 300172 has more cash than its total debt.
Reducing Debt: 300172's debt to equity ratio has reduced from 15% to 4.4% over the past 5 years.
Debt Coverage: 300172's debt is well covered by operating cash flow (296.7%).
Interest Coverage: 300172 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:34 |
| End of Day Share Price | 2024/12/24 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cec Environmental Protection Co.,Ltd is covered by 6 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 |
|---|---|
| Junhua CHEN | China International Capital Corporation Limited |
| Junjie Gong | Guodu Securities Co. |
| Yong Feng Gong | Huatai Research |