Bohai Water IndustryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Bohai Water IndustryLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 99.4%. Its total assets and total liabilities are CN¥7.8B and CN¥5.2B respectively. Bohai Water IndustryLtd's EBIT is CN¥127.6M making its interest coverage ratio 3.6. It has cash and short-term investments of CN¥344.5M.
Key information
99.4%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | 3.6x |
| Cash | CN¥344.47m |
| Equity | CN¥2.63b |
| Total liabilities | CN¥5.22b |
| Total assets | CN¥7.85b |
Recent financial health updates
No updates
Recent updates
Bohai Water Industry Co.,Ltd's (SZSE:000605) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Nov 07
Bohai Water IndustryLtd (SZSE:000605) Has Affirmed Its Dividend Of CN¥0.02
Jul 05Why Investors Shouldn't Be Surprised By Bohai Water Industry Co.,Ltd's (SZSE:000605) 25% Share Price Plunge
Feb 26Financial Position Analysis
Short Term Liabilities: 000605's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000605's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 000605's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: 000605's debt to equity ratio has increased from 65.7% to 99.4% over the past 5 years.
Debt Coverage: 000605's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 000605's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:26 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bohai Water Industry Co.,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. |
| Qingqing Chen | Guosen Securities Co., Ltd. |