China Express AirlinesLTD Balance Sheet Health
Financial Health criteria checks 1/6
China Express AirlinesLTD has a total shareholder equity of CN¥3.4B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 209.1%. Its total assets and total liabilities are CN¥20.1B and CN¥16.7B respectively. China Express AirlinesLTD's EBIT is CN¥508.2M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥2.0B.
Key information
209.1%
Debt to equity ratio
CN¥7.10b
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥1.96b |
| Equity | CN¥3.39b |
| Total liabilities | CN¥16.73b |
| Total assets | CN¥20.12b |
Recent financial health updates
Recent updates
China Express AirlinesLTD (SZSE:002928) Has A Somewhat Strained Balance Sheet
Dec 23
Investors Appear Satisfied With China Express Airlines Co.,LTD's (SZSE:002928) Prospects As Shares Rocket 26%
Nov 11China Express AirlinesLTD's (SZSE:002928) Solid Earnings Are Supported By Other Strong Factors
Nov 07Estimating The Fair Value Of China Express Airlines Co.,LTD (SZSE:002928)
Oct 03Market Participants Recognise China Express Airlines Co.,LTD's (SZSE:002928) Revenues
Sep 12Revenues Tell The Story For China Express Airlines Co.,LTD (SZSE:002928) As Its Stock Soars 37%
May 21China Express Airlines Co.,LTD's (SZSE:002928) Earnings Haven't Escaped The Attention Of Investors
Mar 28Financial Position Analysis
Short Term Liabilities: 002928's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥7.1B).
Long Term Liabilities: 002928's short term assets (CN¥5.1B) do not cover its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: 002928's net debt to equity ratio (151.4%) is considered high.
Reducing Debt: 002928's debt to equity ratio has increased from 97.7% to 209.1% over the past 5 years.
Debt Coverage: 002928's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 002928's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:08 |
| End of Day Share Price | 2024/12/24 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
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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 Express Airlines Co.,LTD is covered by 14 analysts. 9 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 |
|---|---|
| Hongwei Huang | Chasing Securities |
| Qikun Wu | China International Capital Corporation Limited |
| Xin Yang | China International Capital Corporation Limited |