China Satellite Communications Balance Sheet Health
Financial Health criteria checks 5/6
China Satellite Communications has a total shareholder equity of CN¥19.8B and total debt of CN¥27.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥23.1B and CN¥3.3B respectively. China Satellite Communications's EBIT is CN¥520.1M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥6.1B.
Key information
0.1%
Debt to equity ratio
CN¥27.00m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥6.13b |
| Equity | CN¥19.78b |
| Total liabilities | CN¥3.33b |
| Total assets | CN¥23.11b |
Recent financial health updates
These 4 Measures Indicate That China Satellite Communications (SHSE:601698) Is Using Debt Reasonably Well
Oct 14
These 4 Measures Indicate That China Satellite Communications (SHSE:601698) Is Using Debt Reasonably Well
Jul 15Recent updates
China Satellite Communications (SHSE:601698) Could Be Struggling To Allocate Capital
Dec 22Optimistic Investors Push China Satellite Communications Co., Ltd. (SHSE:601698) Shares Up 36% But Growth Is Lacking
Nov 08These 4 Measures Indicate That China Satellite Communications (SHSE:601698) Is Using Debt Reasonably Well
Oct 14China Satellite Communications Co., Ltd.'s (SHSE:601698) 25% Price Boost Is Out Of Tune With Revenues
Jul 31These 4 Measures Indicate That China Satellite Communications (SHSE:601698) Is Using Debt Reasonably Well
Jul 15Investors Could Be Concerned With China Satellite Communications' (SHSE:601698) Returns On Capital
Jun 21China Satellite Communications Co., Ltd. (SHSE:601698) Investors Are Less Pessimistic Than Expected
May 27Investors Can Find Comfort In China Satellite Communications' (SHSE:601698) Earnings Quality
Apr 08Is Now The Time To Put China Satellite Communications (SHSE:601698) On Your Watchlist?
Mar 19China Satellite Communications Co., Ltd.'s (SHSE:601698) Share Price Could Signal Some Risk
Feb 27Financial Position Analysis
Short Term Liabilities: 601698's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 601698's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 601698 has more cash than its total debt.
Reducing Debt: 601698's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 601698's debt is well covered by operating cash flow (6731.8%).
Interest Coverage: 601698 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:33 |
| End of Day Share Price | 2024/12/26 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
China Satellite Communications Co., Ltd. is covered by 3 analysts. 1 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 |
|---|---|
| Huiwei Yin | Minsheng Securities Co. |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |
| Ningyu Chen | Zhongtai Securities Co. Ltd. |