Chongqing road & bridge co.,ltd

XSSC:600106 Stock Report

Market Cap: CN¥6.7b

Chongqing road & bridgeltd Balance Sheet Health

Financial Health criteria checks 5/6

Chongqing road & bridgeltd has a total shareholder equity of CN¥4.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are CN¥6.7B and CN¥2.0B respectively. Chongqing road & bridgeltd's EBIT is CN¥72.4M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.6B.

Key information

34.8%

Debt to equity ratio

CN¥1.64b

Debt

Interest coverage ratio-0.5x
CashCN¥1.60b
EquityCN¥4.71b
Total liabilitiesCN¥2.02b
Total assetsCN¥6.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600106's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥624.7M).

Long Term Liabilities: 600106's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.4B).


Debt to Equity History and Analysis

Debt Level: 600106's net debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: 600106's debt to equity ratio has reduced from 72.6% to 34.8% over the past 5 years.

Debt Coverage: 600106's debt is not well covered by operating cash flow (9.6%).

Interest Coverage: 600106 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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