Hunan Chendian International Developmentco.ltd Balance Sheet Health
Financial Health criteria checks 0/6
Hunan Chendian International Developmentco.ltd has a total shareholder equity of CN¥3.9B and total debt of CN¥8.2B, which brings its debt-to-equity ratio to 208.9%. Its total assets and total liabilities are CN¥15.1B and CN¥11.1B respectively. Hunan Chendian International Developmentco.ltd's EBIT is CN¥346.3M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥1.8B.
Key information
208.9%
Debt to equity ratio
CN¥8.24b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥1.78b |
| Equity | CN¥3.94b |
| Total liabilities | CN¥11.11b |
| Total assets | CN¥15.05b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Some Issues For Hunan Chendian International Developmentco.ltd (SHSE:600969) Beyond Its Promising Earnings
Nov 04
Potential Upside For Hunan Chendian International Developmentco.,ltd (SHSE:600969) Not Without Risk
Sep 30Market Might Still Lack Some Conviction On Hunan Chendian International Developmentco.,ltd (SHSE:600969) Even After 28% Share Price Boost
May 27Financial Position Analysis
Short Term Liabilities: 600969's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 600969's short term assets (CN¥3.2B) do not cover its long term liabilities (CN¥7.4B).
Debt to Equity History and Analysis
Debt Level: 600969's net debt to equity ratio (163.8%) is considered high.
Reducing Debt: 600969's debt to equity ratio has increased from 183.7% to 208.9% over the past 5 years.
Debt Coverage: 600969's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 600969's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 16:40 |
| 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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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
Hunan Chendian International Developmentco.,ltd is covered by 2 analysts. 0 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 |
|---|---|
| Fei Tong | Changjiang Securities Co. LTD. |
| null null | SWS Research Co., Ltd. |