China Merchants Expressway Network & Technology HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
China Merchants Expressway Network & Technology HoldingsLtd has a total shareholder equity of CN¥86.8B and total debt of CN¥59.5B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are CN¥159.0B and CN¥72.2B respectively. China Merchants Expressway Network & Technology HoldingsLtd's EBIT is CN¥3.4B making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥6.6B.
Key information
68.6%
Debt to equity ratio
CN¥59.49b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥6.60b |
| Equity | CN¥86.76b |
| Total liabilities | CN¥72.21b |
| Total assets | CN¥158.97b |
Recent financial health updates
China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Oct 27
China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Jul 19Here's Why China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Can Manage Its Debt Responsibly
Mar 19Recent updates
Is There An Opportunity With China Merchants Expressway Network & Technology Holdings Co.,Ltd.'s (SZSE:001965) 24% Undervaluation?
Dec 13Investors Don't See Light At End Of China Merchants Expressway Network & Technology Holdings Co.,Ltd.'s (SZSE:001965) Tunnel
Nov 25China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Profits May Not Reveal Underlying Issues
Nov 06China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Oct 27Estimating The Intrinsic Value Of China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965)
Aug 30We Ran A Stock Scan For Earnings Growth And China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Passed With Ease
Aug 13China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Has A Pretty Healthy Balance Sheet
Jul 19China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SZSE:001965) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 01China Merchants Expressway Network & Technology Holdings Co.,Ltd.'s (SZSE:001965) Intrinsic Value Is Potentially 25% Below Its Share Price
Apr 30China Merchants Expressway Network & Technology HoldingsLtd's (SZSE:001965) Earnings Are Of Questionable Quality
Apr 10Here's Why China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) Can Manage Its Debt Responsibly
Mar 19Is Now The Time To Put China Merchants Expressway Network & Technology HoldingsLtd (SZSE:001965) On Your Watchlist?
Feb 27Financial Position Analysis
Short Term Liabilities: 001965's short term assets (CN¥12.8B) do not cover its short term liabilities (CN¥15.0B).
Long Term Liabilities: 001965's short term assets (CN¥12.8B) do not cover its long term liabilities (CN¥57.3B).
Debt to Equity History and Analysis
Debt Level: 001965's net debt to equity ratio (61%) is considered high.
Reducing Debt: 001965's debt to equity ratio has increased from 48.8% to 68.6% over the past 5 years.
Debt Coverage: 001965's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 001965 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:32 |
| End of Day Share Price | 2024/12/27 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Merchants Expressway Network & Technology Holdings Co.,Ltd. is covered by 8 analysts. 4 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 |
|---|---|
| Xin Yang | China International Capital Corporation Limited |
| Yuanfan Gu | China International Capital Corporation Limited |
| Baoliang Su | China Merchants Securities Co. Ltd. |