Oriental Energy Co., Ltd.

SZSE:002221 Stock Report

Market Cap: CN¥15.9b

Oriental Energy Balance Sheet Health

Financial Health criteria checks 1/6

Oriental Energy has a total shareholder equity of CN¥12.7B and total debt of CN¥18.5B, which brings its debt-to-equity ratio to 145.9%. Its total assets and total liabilities are CN¥41.5B and CN¥28.9B respectively. Oriental Energy's EBIT is CN¥1.3B making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥7.5B.

Key information

145.9%

Debt to equity ratio

CN¥18.47b

Debt

Interest coverage ratio2.1x
CashCN¥7.54b
EquityCN¥12.66b
Total liabilitiesCN¥28.86b
Total assetsCN¥41.52b

Recent financial health updates

Recent updates

Does Oriental Energy (SZSE:002221) Have A Healthy Balance Sheet?

Dec 01
Does Oriental Energy (SZSE:002221) Have A Healthy Balance Sheet?

Investors Could Be Concerned With Oriental Energy's (SZSE:002221) Returns On Capital

Sep 30
Investors Could Be Concerned With Oriental Energy's (SZSE:002221) Returns On Capital

Insufficient Growth At Oriental Energy Co., Ltd. (SZSE:002221) Hampers Share Price

Sep 10
Insufficient Growth At Oriental Energy Co., Ltd. (SZSE:002221) Hampers Share Price

Oriental Energy (SZSE:002221) Takes On Some Risk With Its Use Of Debt

Jul 18
Oriental Energy (SZSE:002221) Takes On Some Risk With Its Use Of Debt

Oriental Energy (SZSE:002221) Is Reinvesting At Lower Rates Of Return

Jun 26
Oriental Energy (SZSE:002221) Is Reinvesting At Lower Rates Of Return

Oriental Energy Co., Ltd. (SZSE:002221) Doing What It Can To Lift Shares

Mar 22
Oriental Energy Co., Ltd. (SZSE:002221) Doing What It Can To Lift Shares

Oriental Energy's (SZSE:002221) Returns On Capital Not Reflecting Well On The Business

Feb 27
Oriental Energy's (SZSE:002221) Returns On Capital Not Reflecting Well On The Business

Financial Position Analysis

Short Term Liabilities: 002221's short term assets (CN¥18.4B) do not cover its short term liabilities (CN¥18.5B).

Long Term Liabilities: 002221's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥10.4B).


Debt to Equity History and Analysis

Debt Level: 002221's net debt to equity ratio (86.3%) is considered high.

Reducing Debt: 002221's debt to equity ratio has increased from 138.8% to 145.9% over the past 5 years.

Debt Coverage: 002221's debt is not well covered by operating cash flow (13.4%).

Interest Coverage: 002221's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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