Chongqing Water GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Chongqing Water GroupLtd has a total shareholder equity of CN¥17.1B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are CN¥34.0B and CN¥16.9B respectively. Chongqing Water GroupLtd's EBIT is CN¥245.4M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥1.4B.
Key information
61.9%
Debt to equity ratio
CN¥10.62b
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥1.43b |
| Equity | CN¥17.14b |
| Total liabilities | CN¥16.86b |
| Total assets | CN¥34.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601158's short term assets (CN¥5.0B) do not cover its short term liabilities (CN¥8.0B).
Long Term Liabilities: 601158's short term assets (CN¥5.0B) do not cover its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: 601158's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 601158's debt to equity ratio has increased from 11.1% to 61.9% over the past 5 years.
Debt Coverage: 601158's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 601158 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 10:04 |
| 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
Chongqing Water Group Co.,Ltd. is covered by 8 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 |
|---|---|
| Ying Deng | Changjiang Securities Co. LTD. |
| Xinhao Jiang | China International Capital Corporation Limited |
| Jie Sun | China Stock Investment Research Co. Ltd. (GZ500..com) |