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 259.9%. Its total assets and total liabilities are CN¥24.4B and CN¥19.3B respectively. Shenzhen CECport Technologies's EBIT is CN¥975.2M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥2.2B.
Key information
259.9%
Debt to equity ratio
CN¥13.26b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥2.22b |
| Equity | CN¥5.10b |
| Total liabilities | CN¥19.29b |
| Total assets | CN¥24.40b |
Recent financial health updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Shenzhen CECport Technologies (SZSE:001287)
Nov 07
Does Shenzhen CECport Technologies (SZSE:001287) Have A Healthy Balance Sheet?
Oct 21Shenzhen CECport Technologies (SZSE:001287) Will Pay A Smaller Dividend Than Last Year
May 31Why Shenzhen CECport Technologies' (SZSE:001287) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Financial Position Analysis
Short Term Liabilities: 001287's short term assets (CN¥23.9B) exceed its short term liabilities (CN¥19.3B).
Long Term Liabilities: 001287's short term assets (CN¥23.9B) exceed its long term liabilities (CN¥21.6M).
Debt to Equity History and Analysis
Debt Level: 001287's net debt to equity ratio (216.5%) is considered high.
Reducing Debt: 001287's debt to equity ratio has increased from 210.7% to 259.9% 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 (1.8x coverage).