CECEP Wind-power CorporationLtd Balance Sheet Health
Financial Health criteria checks 3/6
CECEP Wind-powerLtd has a total shareholder equity of CN¥18.2B and total debt of CN¥22.6B, which brings its debt-to-equity ratio to 123.7%. Its total assets and total liabilities are CN¥43.9B and CN¥25.6B respectively. CECEP Wind-powerLtd's EBIT is CN¥2.5B making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥2.5B.
Key information
123.7%
Debt to equity ratio
CN¥22.57b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥2.51b |
| Equity | CN¥18.25b |
| Total liabilities | CN¥25.65b |
| Total assets | CN¥43.90b |
Recent financial health updates
Recent updates
CECEP Wind-power Corporation Co.,Ltd.'s (SHSE:601016) Price Is Right But Growth Is Lacking
Oct 27
CECEP Wind-power CorporationLtd (SHSE:601016) Has More To Do To Multiply In Value Going Forward
Oct 08We Think CECEP Wind-power CorporationLtd (SHSE:601016) Is Taking Some Risk With Its Debt
Jul 16CECEP Wind-power Corporation Co.,Ltd.'s (SHSE:601016) Shares Lagging The Market But So Is The Business
Jun 17The Consensus EPS Estimates For CECEP Wind-power Corporation Co.,Ltd. (SHSE:601016) Just Fell Dramatically
Apr 02Returns On Capital At CECEP Wind-power CorporationLtd (SHSE:601016) Have Stalled
Mar 11Financial Position Analysis
Short Term Liabilities: 601016's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 601016's short term assets (CN¥10.5B) do not cover its long term liabilities (CN¥20.8B).
Debt to Equity History and Analysis
Debt Level: 601016's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: 601016's debt to equity ratio has reduced from 168.8% to 123.7% over the past 5 years.
Debt Coverage: 601016's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 601016's interest payments on its debt are well covered by EBIT (3.7x coverage).