Chongqing Three Gorges Water Conservancy and Electric Power Balance Sheet Health
Financial Health criteria checks 2/6
Chongqing Three Gorges Water Conservancy and Electric Power has a total shareholder equity of CN¥11.5B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are CN¥24.3B and CN¥12.8B respectively. Chongqing Three Gorges Water Conservancy and Electric Power's EBIT is CN¥562.5M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥1.8B.
Key information
82.5%
Debt to equity ratio
CN¥9.49b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥1.79b |
| Equity | CN¥11.51b |
| Total liabilities | CN¥12.83b |
| Total assets | CN¥24.34b |
Recent financial health updates
Recent updates
Investors Continue Waiting On Sidelines For Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. (SHSE:600116)
Nov 15
Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Hasn't Managed To Accelerate Its Returns
Sep 16We Think That There Are Some Issues For Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Beyond Its Promising Earnings
Aug 28Cautious Investors Not Rewarding Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd.'s (SHSE:600116) Performance Completely
Jul 12Chongqing Three Gorges Water Conservancy and Electric Power (SHSE:600116) Takes On Some Risk With Its Use Of Debt
Jun 17Market Participants Recognise Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd.'s (SHSE:600116) Earnings
Mar 22Financial Position Analysis
Short Term Liabilities: 600116's short term assets (CN¥4.9B) do not cover its short term liabilities (CN¥8.1B).
Long Term Liabilities: 600116's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 600116's net debt to equity ratio (67%) is considered high.
Reducing Debt: 600116's debt to equity ratio has increased from 33% to 82.5% over the past 5 years.
Debt Coverage: 600116's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 600116's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 17:03 |
| End of Day Share Price | 2025/01/23 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
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Analyst Sources
Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. is covered by 5 analysts. 2 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 |
|---|---|
| Xiang Li | Citic Securities Co., Ltd. |
| Wei Wang | Everbright Securities Co. Ltd. |
| Xiujie Huang | Guosen Securities Co., Ltd. |