China Vanke Balance Sheet Health
Financial Health criteria checks 4/6
China Vanke has a total shareholder equity of CN¥399.5B and total debt of CN¥324.0B, which brings its debt-to-equity ratio to 81.1%. Its total assets and total liabilities are CN¥1,463.9B and CN¥1,064.3B respectively. China Vanke's EBIT is CN¥26.4B making its interest coverage ratio -57. It has cash and short-term investments of CN¥83.1B.
Key information
81.1%
Debt to equity ratio
CN¥323.98b
Debt
Interest coverage ratio | -57x |
Cash | CN¥83.08b |
Equity | CN¥399.53b |
Total liabilities | CN¥1.06t |
Total assets | CN¥1.46t |
Recent financial health updates
Recent updates
China Vanke (SZSE:000002) Has No Shortage Of Debt
May 28China Vanke Co., Ltd. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 01Why Investors Shouldn't Be Surprised By China Vanke Co., Ltd.'s (SZSE:000002) 25% Share Price Plunge
Apr 16Time To Worry? Analysts Are Downgrading Their China Vanke Co., Ltd. (SZSE:000002) Outlook
Apr 09Earnings Miss: China Vanke Co., Ltd. Missed EPS By 36% And Analysts Are Revising Their Forecasts
Mar 31Financial Position Analysis
Short Term Liabilities: 000002's short term assets (CN¥1,111.1B) exceed its short term liabilities (CN¥802.4B).
Long Term Liabilities: 000002's short term assets (CN¥1,111.1B) exceed its long term liabilities (CN¥262.0B).
Debt to Equity History and Analysis
Debt Level: 000002's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: 000002's debt to equity ratio has reduced from 105.4% to 81.1% over the past 5 years.
Debt Coverage: 000002's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000002 earns more interest than it pays, so coverage of interest payments is not a concern.