Hubei Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Hubei Energy Group has a total shareholder equity of CN¥41.1B and total debt of CN¥42.2B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are CN¥98.6B and CN¥57.5B respectively. Hubei Energy Group's EBIT is CN¥4.2B making its interest coverage ratio 5.9. It has cash and short-term investments of CN¥2.8B.
Key information
102.8%
Debt to equity ratio
CN¥42.23b
Debt
| Interest coverage ratio | 5.9x |
| Cash | CN¥2.77b |
| Equity | CN¥41.08b |
| Total liabilities | CN¥57.52b |
| Total assets | CN¥98.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000883's short term assets (CN¥15.0B) do not cover its short term liabilities (CN¥23.5B).
Long Term Liabilities: 000883's short term assets (CN¥15.0B) do not cover its long term liabilities (CN¥34.0B).
Debt to Equity History and Analysis
Debt Level: 000883's net debt to equity ratio (96%) is considered high.
Reducing Debt: 000883's debt to equity ratio has increased from 59.5% to 102.8% over the past 5 years.
Debt Coverage: 000883's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 000883's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 15:07 |
| End of Day Share Price | 2024/12/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hubei Energy Group Co., Ltd. is covered by 7 analysts. 1 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 |
|---|---|
| Jun Ge | Changjiang Securities Co. LTD. |
| Hongwei Huang | Chasing Securities |
| Tao Zhou | Great Wall Securities Co., Ltd. |