CMST DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
CMST DevelopmentLtd has a total shareholder equity of CN¥14.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥23.3B and CN¥8.5B respectively. CMST DevelopmentLtd's EBIT is CN¥603.3M making its interest coverage ratio -45.7. It has cash and short-term investments of CN¥3.4B.
Key information
17.0%
Debt to equity ratio
CN¥2.52b
Debt
| Interest coverage ratio | -45.7x |
| Cash | CN¥3.43b |
| Equity | CN¥14.78b |
| Total liabilities | CN¥8.47b |
| Total assets | CN¥23.26b |
Recent financial health updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)
Sep 27
A Look At The Fair Value Of CMST Development Co.,Ltd. (SHSE:600787)
Aug 23We Like These Underlying Return On Capital Trends At CMST DevelopmentLtd (SHSE:600787)
Jun 03CMST DevelopmentLtd's (SHSE:600787) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 25CMST Development Co.,Ltd.'s (SHSE:600787) Earnings Are Not Doing Enough For Some Investors
Mar 06Financial Position Analysis
Short Term Liabilities: 600787's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600787's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 600787 has more cash than its total debt.
Reducing Debt: 600787's debt to equity ratio has reduced from 40.7% to 17% over the past 5 years.
Debt Coverage: 600787's debt is well covered by operating cash flow (42.1%).
Interest Coverage: 600787 earns more interest than it pays, so coverage of interest payments is not a concern.