Chengdu Gas Group Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu Gas Group has a total shareholder equity of CN¥4.9B and total debt of CN¥41.9M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥8.3B and CN¥3.4B respectively. Chengdu Gas Group's EBIT is CN¥427.7M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥3.2B.
Key information
0.8%
Debt to equity ratio
CN¥41.92m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥3.19b |
| Equity | CN¥4.94b |
| Total liabilities | CN¥3.41b |
| Total assets | CN¥8.34b |
Recent financial health updates
Recent updates
Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Shares Lagging The Market But So Is The Business
Dec 24
Chengdu Gas Group's (SHSE:603053) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05Does Chengdu Gas Group (SHSE:603053) Have A Healthy Balance Sheet?
Sep 25Lacklustre Performance Is Driving Chengdu Gas Group Corporation Ltd.'s (SHSE:603053) Low P/E
Aug 22Investors Could Be Concerned With Chengdu Gas Group's (SHSE:603053) Returns On Capital
Jun 05Chengdu Gas Group's (SHSE:603053) Solid Earnings Have Been Accounted For Conservatively
May 06Financial Position Analysis
Short Term Liabilities: 603053's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 603053's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥196.9M).
Debt to Equity History and Analysis
Debt Level: 603053 has more cash than its total debt.
Reducing Debt: 603053's debt to equity ratio has reduced from 7.8% to 0.8% over the past 5 years.
Debt Coverage: 603053's debt is well covered by operating cash flow (2212.2%).
Interest Coverage: 603053 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 20:50 |
| End of Day Share Price | 2025/03/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Chengdu Gas Group Corporation Ltd. is covered by 0 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.