China Carbon Neutral Development Group Balance Sheet Health
Financial Health criteria checks 4/6
China Carbon Neutral Development Group has a total shareholder equity of HK$123.2M and total debt of HK$104.3M, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are HK$492.3M and HK$369.1M respectively. China Carbon Neutral Development Group's EBIT is HK$23.2M making its interest coverage ratio 0.7. It has cash and short-term investments of HK$106.2M.
Key information
84.7%
Debt to equity ratio
HK$104.35m
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$106.23m |
| Equity | HK$123.19m |
| Total liabilities | HK$369.08m |
| Total assets | HK$492.27m |
Recent financial health updates
We Think China Carbon Neutral Development Group (HKG:1372) Has A Fair Chunk Of Debt
Sep 14
China Carbon Neutral Development Group (HKG:1372) Has A Somewhat Strained Balance Sheet
Apr 05Recent updates
Risks Still Elevated At These Prices As China Carbon Neutral Development Group Limited (HKG:1372) Shares Dive 30%
Dec 19We Think China Carbon Neutral Development Group (HKG:1372) Has A Fair Chunk Of Debt
Sep 14Returns On Capital At China Carbon Neutral Development Group (HKG:1372) Have Hit The Brakes
Jan 30China Carbon Neutral Development Group (HKG:1372) Has A Somewhat Strained Balance Sheet
Apr 05Announcing: Bisu Technology Group International (HKG:1372) Stock Increased An Energizing 138% In The Last Year
Mar 09Bisu Technology Group International Limited (HKG:1372) Insiders Have Been Selling
Feb 02
Financial Position Analysis
Short Term Liabilities: 1372's short term assets (HK$446.5M) exceed its short term liabilities (HK$272.2M).
Long Term Liabilities: 1372's short term assets (HK$446.5M) exceed its long term liabilities (HK$96.9M).
Debt to Equity History and Analysis
Debt Level: 1372 has more cash than its total debt.
Reducing Debt: 1372 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if 1372 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1372 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.