Huadian Liaoning Energy DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Huadian Liaoning Energy DevelopmentLtd has a total shareholder equity of CN¥917.0M and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 1311.2%. Its total assets and total liabilities are CN¥13.7B and CN¥12.7B respectively. Huadian Liaoning Energy DevelopmentLtd's EBIT is CN¥379.7M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥738.4M.
Key information
1,311.2%
Debt to equity ratio
CN¥12.02b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥738.42m |
| Equity | CN¥916.96m |
| Total liabilities | CN¥12.75b |
| Total assets | CN¥13.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600396's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 600396's short term assets (CN¥2.1B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 600396's net debt to equity ratio (1230.6%) is considered high.
Reducing Debt: 600396's debt to equity ratio has increased from 607.9% to 1311.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600396 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600396 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 12:46 |
| 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
Huadian Liaoning Energy Development Co.,Ltd is covered by 5 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 |
|---|---|
| Quangang Peng | China Merchants Securities Co. Ltd. |
| Zhishan Yang | Citic Securities Co., Ltd. |
| Yu Qin Cui | Everbright Securities Co. Ltd. |