GuiZhou QianYuan Power Balance Sheet Health
Financial Health criteria checks 1/6
GuiZhou QianYuan Power has a total shareholder equity of CN¥6.9B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are CN¥15.6B and CN¥8.8B respectively. GuiZhou QianYuan Power's EBIT is CN¥810.1M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥277.3M.
Key information
108.8%
Debt to equity ratio
CN¥7.46b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥277.34m |
| Equity | CN¥6.85b |
| Total liabilities | CN¥8.76b |
| Total assets | CN¥15.61b |
Recent financial health updates
Recent updates
We Think GuiZhou QianYuan Power (SZSE:002039) Can Stay On Top Of Its Debt
Oct 03
Investors Continue Waiting On Sidelines For GuiZhou QianYuan Power Co., Ltd. (SZSE:002039)
Sep 16Investors Met With Slowing Returns on Capital At GuiZhou QianYuan Power (SZSE:002039)
Jul 18GuiZhou QianYuan Power Co., Ltd.'s (SZSE:002039) Shares Not Telling The Full Story
May 28Financial Position Analysis
Short Term Liabilities: 002039's short term assets (CN¥473.9M) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002039's short term assets (CN¥473.9M) do not cover its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 002039's net debt to equity ratio (104.8%) is considered high.
Reducing Debt: 002039's debt to equity ratio has reduced from 196.8% to 108.8% over the past 5 years.
Debt Coverage: 002039's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: 002039's interest payments on its debt are not well covered by EBIT (2.8x coverage).