China Merchants Shekou Industrial Zone Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Merchants Shekou Industrial Zone Holdings has a total shareholder equity of CN¥297.0B and total debt of CN¥217.5B, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are CN¥919.8B and CN¥622.8B respectively. China Merchants Shekou Industrial Zone Holdings's EBIT is CN¥13.8B making its interest coverage ratio -7.1. It has cash and short-term investments of CN¥83.3B.
Key information
73.2%
Debt to equity ratio
CN¥217.50b
Debt
Interest coverage ratio | -7.1x |
Cash | CN¥83.29b |
Equity | CN¥297.02b |
Total liabilities | CN¥622.76b |
Total assets | CN¥919.78b |
Recent financial health updates
Does China Merchants Shekou Industrial Zone Holdings (SZSE:001979) Have A Healthy Balance Sheet?
Jun 07China Merchants Shekou Industrial Zone Holdings (SZSE:001979) Has A Somewhat Strained Balance Sheet
Feb 28Recent updates
Does China Merchants Shekou Industrial Zone Holdings (SZSE:001979) Have A Healthy Balance Sheet?
Jun 07China Merchants Shekou Industrial Zone Holdings Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
May 02China Merchants Shekou Industrial Zone Holdings Co., Ltd. (SZSE:001979) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 30China Merchants Shekou Industrial Zone Holdings' (SZSE:001979) Profits May Not Reveal Underlying Issues
Mar 25China Merchants Shekou Industrial Zone Holdings (SZSE:001979) Has A Somewhat Strained Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 001979's short term assets (CN¥674.7B) exceed its short term liabilities (CN¥430.3B).
Long Term Liabilities: 001979's short term assets (CN¥674.7B) exceed its long term liabilities (CN¥192.5B).
Debt to Equity History and Analysis
Debt Level: 001979's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: 001979's debt to equity ratio has reduced from 110.8% to 73.2% over the past 5 years.
Debt Coverage: 001979's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 001979 earns more interest than it pays, so coverage of interest payments is not a concern.