China United Network Communications Balance Sheet Health
Financial Health criteria checks 5/6
China United Network Communications has a total shareholder equity of CN¥369.4B and total debt of CN¥16.1B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥671.5B and CN¥302.2B respectively. China United Network Communications's EBIT is CN¥14.1B making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥76.8B.
Key information
4.4%
Debt to equity ratio
CN¥16.10b
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥76.83b |
| Equity | CN¥369.38b |
| Total liabilities | CN¥302.16b |
| Total assets | CN¥671.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600050's short term assets (CN¥179.6B) do not cover its short term liabilities (CN¥263.2B).
Long Term Liabilities: 600050's short term assets (CN¥179.6B) exceed its long term liabilities (CN¥39.0B).
Debt to Equity History and Analysis
Debt Level: 600050 has more cash than its total debt.
Reducing Debt: 600050's debt to equity ratio has reduced from 15.1% to 4.4% over the past 5 years.
Debt Coverage: 600050's debt is well covered by operating cash flow (589.4%).
Interest Coverage: 600050 earns more interest than it pays, so coverage of interest payments is not a concern.