China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd has a total shareholder equity of CN¥9.0B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are CN¥19.9B and CN¥10.9B respectively. China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd's EBIT is CN¥678.4M making its interest coverage ratio 41.7. It has cash and short-term investments of CN¥2.7B.
Key information
51.7%
Debt to equity ratio
CN¥4.66b
Debt
| Interest coverage ratio | 41.7x |
| Cash | CN¥2.73b |
| Equity | CN¥9.02b |
| Total liabilities | CN¥10.87b |
| Total assets | CN¥19.89b |
Recent financial health updates
Recent updates
Is China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd (SZSE:000758) A Risky Investment?
Oct 17
It's A Story Of Risk Vs Reward With China Nonferrous Metal Industry's Foreign Engineering and Construction Co.,Ltd. (SZSE:000758)
Sep 25There's Been No Shortage Of Growth Recently For China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd's (SZSE:000758) Returns On Capital
Jul 23Take Care Before Diving Into The Deep End On China Nonferrous Metal Industry's Foreign Engineering and Construction Co.,Ltd. (SZSE:000758)
May 27We Think China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd's (SZSE:000758) Profit Is Only A Baseline For What They Can Achieve
May 06Returns On Capital Signal Difficult Times Ahead For China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd (SZSE:000758)
Apr 23Financial Position Analysis
Short Term Liabilities: 000758's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 000758's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 000758's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 000758's debt to equity ratio has reduced from 96.1% to 51.7% over the past 5 years.
Debt Coverage: 000758's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 000758's interest payments on its debt are well covered by EBIT (41.7x coverage).