CECEP Guozhen Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 2/6
CECEP Guozhen Environmental Protection Technology has a total shareholder equity of CN¥4.7B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 187.5%. Its total assets and total liabilities are CN¥16.6B and CN¥11.9B respectively. CECEP Guozhen Environmental Protection Technology's EBIT is CN¥778.8M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥1.1B.
Key information
187.5%
Debt to equity ratio
CN¥8.75b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥1.14b |
| Equity | CN¥4.66b |
| Total liabilities | CN¥11.93b |
| Total assets | CN¥16.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300388's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 300388's short term assets (CN¥5.9B) do not cover its long term liabilities (CN¥6.2B).
Debt to Equity History and Analysis
Debt Level: 300388's net debt to equity ratio (163%) is considered high.
Reducing Debt: 300388's debt to equity ratio has increased from 179.6% to 187.5% over the past 5 years.
Debt Coverage: 300388's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 300388's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 17:31 |
| End of Day Share Price | 2024/12/25 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CECEP Guozhen Environmental Protection Technology Co., Ltd. is covered by 7 analysts. 1 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 |
|---|---|
| Rundong Ling | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Chunyang Zhu | China Merchants Securities Co. Ltd. |