CCCG Real Estate Balance Sheet Health
Financial Health criteria checks 4/6
CCCG Real Estate has a total shareholder equity of CN¥17.5B and total debt of CN¥43.1B, which brings its debt-to-equity ratio to 245.4%. Its total assets and total liabilities are CN¥121.3B and CN¥103.7B respectively. CCCG Real Estate's EBIT is CN¥167.7M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥10.9B.
Key information
245.4%
Debt to equity ratio
CN¥43.06b
Debt
Interest coverage ratio | 0.2x |
Cash | CN¥10.87b |
Equity | CN¥17.55b |
Total liabilities | CN¥103.74b |
Total assets | CN¥121.29b |
Financial Position Analysis
Short Term Liabilities: 000736's short term assets (CN¥113.8B) exceed its short term liabilities (CN¥62.4B).
Long Term Liabilities: 000736's short term assets (CN¥113.8B) exceed its long term liabilities (CN¥41.3B).
Debt to Equity History and Analysis
Debt Level: 000736's net debt to equity ratio (183.4%) is considered high.
Reducing Debt: 000736's debt to equity ratio has reduced from 249.6% to 245.4% over the past 5 years.
Debt Coverage: 000736's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 000736's interest payments on its debt are not well covered by EBIT (0.2x coverage).