Guangxi Nanning Waterworks Co.,Ltd.

SHSE:601368 Stock Report

Market Cap: CN¥4.2b

Guangxi Nanning WaterworksLtd Balance Sheet Health

Financial Health criteria checks 0/6

Guangxi Nanning WaterworksLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥14.6B, which brings its debt-to-equity ratio to 303.3%. Its total assets and total liabilities are CN¥22.2B and CN¥17.4B respectively. Guangxi Nanning WaterworksLtd's EBIT is CN¥544.9M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥784.9M.

Key information

303.3%

Debt to equity ratio

CN¥14.56b

Debt

Interest coverage ratio1.1x
CashCN¥784.89m
EquityCN¥4.80b
Total liabilitiesCN¥17.38b
Total assetsCN¥22.18b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 601368's short term assets (CN¥3.7B) do not cover its short term liabilities (CN¥4.4B).

Long Term Liabilities: 601368's short term assets (CN¥3.7B) do not cover its long term liabilities (CN¥13.0B).


Debt to Equity History and Analysis

Debt Level: 601368's net debt to equity ratio (286.9%) is considered high.

Reducing Debt: 601368's debt to equity ratio has increased from 148.2% to 303.3% over the past 5 years.

Debt Coverage: 601368's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: 601368's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Discover healthy companies