Shenzhen Centralcon Investment Holding Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Centralcon Investment Holding has a total shareholder equity of CN¥7.6B and total debt of CN¥13.0B, which brings its debt-to-equity ratio to 171.6%. Its total assets and total liabilities are CN¥35.0B and CN¥27.4B respectively. Shenzhen Centralcon Investment Holding's EBIT is CN¥264.8M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥516.3M.
Key information
171.6%
Debt to equity ratio
CN¥12.98b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥516.27m |
| Equity | CN¥7.56b |
| Total liabilities | CN¥27.44b |
| Total assets | CN¥35.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000042's short term assets (CN¥29.3B) exceed its short term liabilities (CN¥16.3B).
Long Term Liabilities: 000042's short term assets (CN¥29.3B) exceed its long term liabilities (CN¥11.1B).
Debt to Equity History and Analysis
Debt Level: 000042's net debt to equity ratio (164.8%) is considered high.
Reducing Debt: 000042's debt to equity ratio has increased from 154% to 171.6% over the past 5 years.
Debt Coverage: 000042's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: 000042's interest payments on its debt are not well covered by EBIT (0.6x coverage).