China Everbright Water Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Water has a total shareholder equity of HK$13.8B and total debt of HK$16.1B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are HK$35.2B and HK$21.4B respectively. China Everbright Water's EBIT is HK$2.1B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$1.9B.
Key information
116.9%
Debt to equity ratio
HK$16.12b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$1.87b |
| Equity | HK$13.79b |
| Total liabilities | HK$21.42b |
| Total assets | HK$35.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIU2's short term assets (HK$9.9B) exceed its short term liabilities (HK$6.9B).
Long Term Liabilities: BIU2's short term assets (HK$9.9B) do not cover its long term liabilities (HK$14.5B).
Debt to Equity History and Analysis
Debt Level: BIU2's net debt to equity ratio (103.3%) is considered high.
Reducing Debt: BIU2's debt to equity ratio has increased from 89.7% to 116.9% over the past 5 years.
Debt Coverage: BIU2's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BIU2's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
China Everbright Water Limited is covered by 12 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 |
|---|---|
| HuiJie Chan | CEB International Capital Corporation Limited |
| Yi Sin Ngoh | CGS International |
| Xinhao Jiang | China International Capital Corporation Limited |