Bohai Water Industry Co.,Ltd

XSEC:000605 Stock Report

Market Cap: CN¥1.7b

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¥2.8B, which brings its debt-to-equity ratio to 104.5%. Its total assets and total liabilities are CN¥8.0B and CN¥5.3B respectively. Bohai Water IndustryLtd's EBIT is CN¥203.2M making its interest coverage ratio -27. It has cash and short-term investments of CN¥421.1M.

Key information


Debt to equity ratio



Interest coverage ratio-27x
Total liabilitiesCN¥5.34b
Total assetsCN¥7.99b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 000605's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥3.2B).

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 (88.6%) is considered high.

Reducing Debt: 000605's debt to equity ratio has increased from 65.4% to 104.5% over the past 5 years.

Debt Coverage: 000605's debt is not well covered by operating cash flow (11%).

Interest Coverage: 000605 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.