China Enterprise Balance Sheet Health
Financial Health criteria checks 3/6
China Enterprise has a total shareholder equity of CN¥16.4B and total debt of CN¥20.8B, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are CN¥56.6B and CN¥40.2B respectively. China Enterprise's EBIT is CN¥163.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥14.4B.
Key information
127.0%
Debt to equity ratio
CN¥20.83b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥14.41b |
| Equity | CN¥16.40b |
| Total liabilities | CN¥40.23b |
| Total assets | CN¥56.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600675's short term assets (CN¥43.8B) exceed its short term liabilities (CN¥21.1B).
Long Term Liabilities: 600675's short term assets (CN¥43.8B) exceed its long term liabilities (CN¥19.2B).
Debt to Equity History and Analysis
Debt Level: 600675's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 600675's debt to equity ratio has increased from 91.5% to 127% over the past 5 years.
Debt Coverage: 600675's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 600675's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 04:22 |
| End of Day Share Price | 2024/12/17 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 Enterprise Company Limited is covered by 3 analysts. 0 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 |
|---|---|
| Pu Wang | China International Capital Corporation Limited |
| Miannan He | Everbright Securities Co. Ltd. |
| Zipei You | Zhongtai Securities Co. Ltd. |