China Green Electricity Investment of Tianjin Balance Sheet Health
Financial Health criteria checks 2/6
China Green Electricity Investment of Tianjin has a total shareholder equity of CN¥24.3B and total debt of CN¥52.9B, which brings its debt-to-equity ratio to 217.2%. Its total assets and total liabilities are CN¥87.7B and CN¥63.4B respectively. China Green Electricity Investment of Tianjin's EBIT is CN¥1.7B making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥5.7B.
Key information
217.2%
Debt to equity ratio
CN¥52.86b
Debt
| Interest coverage ratio | 3.9x |
| Cash | CN¥5.74b |
| Equity | CN¥24.34b |
| Total liabilities | CN¥63.38b |
| Total assets | CN¥87.72b |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before China Green Electricity Investment of Tianjin Co., Ltd. (SZSE:000537) Shares Find Their Feet
Dec 20
China Green Electricity Investment of Tianjin's (SZSE:000537) Earnings Aren't As Good As They Appear
Nov 05Fewer Investors Than Expected Jumping On China Green Electricity Investment of Tianjin Co., Ltd. (SZSE:000537)
Jul 18Investors Shouldn't Be Too Comfortable With China Green Electricity Investment of Tianjin's (SZSE:000537) Earnings
May 06One China Green Electricity Investment of Tianjin Co., Ltd. (SZSE:000537) Analyst Just Cut Their EPS Forecasts
May 05Financial Position Analysis
Short Term Liabilities: 000537's short term assets (CN¥15.6B) exceed its short term liabilities (CN¥9.8B).
Long Term Liabilities: 000537's short term assets (CN¥15.6B) do not cover its long term liabilities (CN¥53.6B).
Debt to Equity History and Analysis
Debt Level: 000537's net debt to equity ratio (193.7%) is considered high.
Reducing Debt: 000537's debt to equity ratio has increased from 189.6% to 217.2% over the past 5 years.
Debt Coverage: 000537's debt is not well covered by operating cash flow (3%).
Interest Coverage: 000537's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 08:56 |
| End of Day Share Price | 2024/12/31 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 Green Electricity Investment of Tianjin Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Yigong Tao | China Galaxy Securities Co., Ltd. |
| Haowu Chen | Everbright Securities Co. Ltd. |
| Yongkang Deng | Minsheng Securities Co. |