Beiken Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Beiken Energy Group has a total shareholder equity of CN¥607.4M and total debt of CN¥437.0M, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are CN¥1.8B and CN¥1.1B respectively. Beiken Energy Group's EBIT is CN¥46.9M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥139.7M.
Key information
71.9%
Debt to equity ratio
CN¥437.00m
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥139.68m |
| Equity | CN¥607.38m |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥1.75b |
Recent financial health updates
No updates
Recent updates
Beiken Energy Group's (SZSE:002828) Earnings Are Of Questionable Quality
Nov 01
Investors Shouldn't Be Too Comfortable With XinJiang Beiken Energy EngineeringLtd's (SZSE:002828) Earnings
Apr 08Subdued Growth No Barrier To XinJiang Beiken Energy Engineering Co.,Ltd. (SZSE:002828) With Shares Advancing 28%
Mar 09Financial Position Analysis
Short Term Liabilities: 002828's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002828's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥7.0M).
Debt to Equity History and Analysis
Debt Level: 002828's net debt to equity ratio (49%) is considered high.
Reducing Debt: 002828's debt to equity ratio has increased from 39.4% to 71.9% over the past 5 years.
Debt Coverage: 002828's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 002828's interest payments on its debt are not well covered by EBIT (2.2x coverage).