Shandong Chenming Paper Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Chenming Paper Holdings has a total shareholder equity of CN¥19.9B and total debt of CN¥38.1B, which brings its debt-to-equity ratio to 191.3%. Its total assets and total liabilities are CN¥75.2B and CN¥55.3B respectively. Shandong Chenming Paper Holdings's EBIT is CN¥273.8M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥10.1B.
Key information
191.3%
Debt to equity ratio
CN¥38.10b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥10.10b |
| Equity | CN¥19.92b |
| Total liabilities | CN¥55.27b |
| Total assets | CN¥75.19b |
Recent financial health updates
These 4 Measures Indicate That Shandong Chenming Paper Holdings (SZSE:000488) Is Using Debt Extensively
Oct 31
Health Check: How Prudently Does Shandong Chenming Paper Holdings (SZSE:000488) Use Debt?
Jul 15Shandong Chenming Paper Holdings (SZSE:000488) Has Debt But No Earnings; Should You Worry?
Mar 06Recent updates
These 4 Measures Indicate That Shandong Chenming Paper Holdings (SZSE:000488) Is Using Debt Extensively
Oct 31Investors Aren't Buying Shandong Chenming Paper Holdings Limited's (SZSE:000488) Revenues
Sep 25Health Check: How Prudently Does Shandong Chenming Paper Holdings (SZSE:000488) Use Debt?
Jul 15Shandong Chenming Paper Holdings (SZSE:000488) Has Debt But No Earnings; Should You Worry?
Mar 06Financial Position Analysis
Short Term Liabilities: 000488's short term assets (CN¥25.6B) do not cover its short term liabilities (CN¥46.7B).
Long Term Liabilities: 000488's short term assets (CN¥25.6B) exceed its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 000488's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: 000488's debt to equity ratio has reduced from 231.3% to 191.3% over the past 5 years.
Debt Coverage: 000488's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: 000488's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:24 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Shandong Chenming Paper Holdings Limited is covered by 26 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 |
|---|---|
| Zhi Wei Yang | BOCI Research Ltd. |
| Chi Man Wong | China Galaxy International Securities (Hong Kong) |
| Yan Chen | China International Capital Corporation Limited |