Shenzhen CECport Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen CECport Technologies has a total shareholder equity of CN¥5.1B and total debt of CN¥13.3B, which brings its debt-to-equity ratio to 260%. Its total assets and total liabilities are CN¥24.0B and CN¥18.9B respectively. Shenzhen CECport Technologies's EBIT is CN¥782.5M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥3.3B.
Key information
260.0%
Debt to equity ratio
CN¥13.27b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥3.29b |
Equity | CN¥5.11b |
Total liabilities | CN¥18.90b |
Total assets | CN¥24.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001287's short term assets (CN¥23.5B) exceed its short term liabilities (CN¥18.9B).
Long Term Liabilities: 001287's short term assets (CN¥23.5B) exceed its long term liabilities (CN¥18.9M).
Debt to Equity History and Analysis
Debt Level: 001287's net debt to equity ratio (195.6%) is considered high.
Reducing Debt: 001287's debt to equity ratio has increased from 188.3% to 260% over the past 5 years.
Debt Coverage: 001287's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001287's interest payments on its debt are not well covered by EBIT (1.6x coverage).