China Merchants Expressway Network & Technology Holdings Co.,Ltd.

XSEC:001965 Stock Report

Market Cap: CN¥81.3b

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¥85.7B and total debt of CN¥59.1B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are CN¥161.8B and CN¥76.1B respectively. China Merchants Expressway Network & Technology HoldingsLtd's EBIT is CN¥3.1B making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥8.4B.

Key information

69.0%

Debt to equity ratio

CN¥59.10b

Debt

Interest coverage ratio-0.7x
CashCN¥8.44b
EquityCN¥85.71b
Total liabilitiesCN¥76.07b
Total assetsCN¥161.78b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 001965's short term assets (CN¥15.4B) do not cover its short term liabilities (CN¥17.1B).

Long Term Liabilities: 001965's short term assets (CN¥15.4B) do not cover its long term liabilities (CN¥59.0B).


Debt to Equity History and Analysis

Debt Level: 001965's net debt to equity ratio (59.1%) is considered high.

Reducing Debt: 001965's debt to equity ratio has increased from 49.3% to 69% over the past 5 years.

Debt Coverage: 001965's debt is not well covered by operating cash flow (9.3%).

Interest Coverage: 001965 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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