Hangzhou Cogeneration Group Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Cogeneration Group has a total shareholder equity of CN¥2.8B and total debt of CN¥709.6M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are CN¥4.0B and CN¥1.2B respectively. Hangzhou Cogeneration Group's EBIT is CN¥222.6M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥846.5M.
Key information
25.5%
Debt to equity ratio
CN¥709.60m
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥846.45m |
| Equity | CN¥2.78b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥4.02b |
Recent financial health updates
Is Hangzhou Cogeneration Group (SHSE:605011) Using Too Much Debt?
Oct 15
These 4 Measures Indicate That Hangzhou Cogeneration Group (SHSE:605011) Is Using Debt Safely
Jun 25Hangzhou Cogeneration Group (SHSE:605011) Seems To Use Debt Rather Sparingly
Mar 25Recent updates
The Returns At Hangzhou Cogeneration Group (SHSE:605011) Aren't Growing
Nov 25Is Hangzhou Cogeneration Group (SHSE:605011) Using Too Much Debt?
Oct 15Returns On Capital At Hangzhou Cogeneration Group (SHSE:605011) Have Hit The Brakes
Jul 29These 4 Measures Indicate That Hangzhou Cogeneration Group (SHSE:605011) Is Using Debt Safely
Jun 25Earnings Not Telling The Story For Hangzhou Cogeneration Group Co., Ltd. (SHSE:605011)
May 21Calculating The Intrinsic Value Of Hangzhou Cogeneration Group Co., Ltd. (SHSE:605011)
Apr 21Hangzhou Cogeneration Group (SHSE:605011) Seems To Use Debt Rather Sparingly
Mar 25Financial Position Analysis
Short Term Liabilities: 605011's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥829.0M).
Long Term Liabilities: 605011's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥416.0M).
Debt to Equity History and Analysis
Debt Level: 605011 has more cash than its total debt.
Reducing Debt: 605011's debt to equity ratio has reduced from 89.9% to 25.5% over the past 5 years.
Debt Coverage: 605011's debt is well covered by operating cash flow (54.3%).
Interest Coverage: 605011 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 | 2024/12/21 11:28 |
| End of Day Share Price | 2024/12/20 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
Hangzhou Cogeneration Group Co., 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.
| Analyst | Institution |
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