China Enterprise Balance Sheet Health
Financial Health criteria checks 3/6
China Enterprise has a total shareholder equity of CN¥16.4B and total debt of CN¥20.8B, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are CN¥56.6B and CN¥40.2B respectively. China Enterprise's EBIT is CN¥163.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥14.4B.
Key information
127.0%
Debt to equity ratio
CN¥20.83b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥14.41b |
| Equity | CN¥16.40b |
| Total liabilities | CN¥40.23b |
| Total assets | CN¥56.63b |
Recent financial health updates
Recent updates
China Enterprise (SHSE:600675) Has A Somewhat Strained Balance Sheet
Oct 28
China Enterprise Company Limited's (SHSE:600675) Shares Climb 32% But Its Business Is Yet to Catch Up
Oct 01China Enterprise Company Limited (SHSE:600675) Not Flying Under The Radar
Jul 24Statutory Profit Doesn't Reflect How Good China Enterprise's (SHSE:600675) Earnings Are
Apr 24Take Care Before Jumping Onto China Enterprise Company Limited (SHSE:600675) Even Though It's 25% Cheaper
Feb 26Financial Position Analysis
Short Term Liabilities: 600675's short term assets (CN¥43.8B) exceed its short term liabilities (CN¥21.1B).
Long Term Liabilities: 600675's short term assets (CN¥43.8B) exceed its long term liabilities (CN¥19.2B).
Debt to Equity History and Analysis
Debt Level: 600675's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 600675's debt to equity ratio has increased from 91.5% to 127% over the past 5 years.
Debt Coverage: 600675's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 600675's interest payments on its debt are not well covered by EBIT (0.2x coverage).