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¥8.6B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are CN¥19.5B and CN¥10.9B respectively. China Nonferrous Metal Industry's Foreign Engineering and ConstructionLtd's EBIT is CN¥806.6M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥3.9B.
Key information
60.3%
Debt to equity ratio
CN¥5.21b
Debt
Interest coverage ratio | -16.4x |
Cash | CN¥3.89b |
Equity | CN¥8.65b |
Total liabilities | CN¥10.87b |
Total assets | CN¥19.52b |
Recent financial health updates
No updates
Recent updates
We 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¥8.0B).
Long Term Liabilities: 000758's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 000758's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 000758's debt to equity ratio has reduced from 90.3% to 60.3% over the past 5 years.
Debt Coverage: 000758's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 000758 earns more interest than it pays, so coverage of interest payments is not a concern.