Chaowei Power Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Chaowei Power Holdings has a total shareholder equity of CN¥7.2B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are CN¥21.8B and CN¥14.6B respectively. Chaowei Power Holdings's EBIT is CN¥675.2M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥3.6B.
Key information
93.5%
Debt to equity ratio
CN¥6.73b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥3.64b |
| Equity | CN¥7.20b |
| Total liabilities | CN¥14.60b |
| Total assets | CN¥21.79b |
Recent financial health updates
We Think Chaowei Power Holdings (HKG:951) Is Taking Some Risk With Its Debt
Sep 20
Here's Why Chaowei Power Holdings (HKG:951) Has A Meaningful Debt Burden
Apr 20Recent updates
Chaowei Power Holdings (HKG:951) Has Announced That Its Dividend Will Be Reduced To CN¥0.053
Apr 27Chaowei Power Holdings (HKG:951) Is Paying Out Less In Dividends Than Last Year
Jun 07Chaowei Power Holdings (HKG:951) Is Paying Out Less In Dividends Than Last Year
Apr 13Chaowei Power Holdings (HKG:951) Is Reducing Its Dividend To CN¥0.066
Mar 30Returns On Capital Are Showing Encouraging Signs At Chaowei Power Holdings (HKG:951)
Jan 09Returns On Capital At Chaowei Power Holdings (HKG:951) Have Stalled
Sep 02Chaowei Power Holdings' (HKG:951) Dividend Is Being Reduced To HK$0.087
Jun 10Chaowei Power Holdings' (HKG:951) Dividend Is Being Reduced To HK$0.087
May 12Chaowei Power Holdings (HKG:951) Will Pay A Smaller Dividend Than Last Year
Apr 28Chaowei Power Holdings' (HKG:951) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 07Investors Will Want Chaowei Power Holdings' (HKG:951) Growth In ROCE To Persist
Feb 28Chaowei Power Holdings (HKG:951) Is Looking To Continue Growing Its Returns On Capital
Nov 29We Think Chaowei Power Holdings (HKG:951) Is Taking Some Risk With Its Debt
Sep 20Chaowei Power Holdings (HKG:951) Is Experiencing Growth In Returns On Capital
Aug 03Is Chaowei Power Holdings Limited (HKG:951) A Smart Choice For Dividend Investors?
May 05Here's Why Chaowei Power Holdings (HKG:951) Has A Meaningful Debt Burden
Apr 20If You Like EPS Growth Then Check Out Chaowei Power Holdings (HKG:951) Before It's Too Late
Apr 02At HK$3.07, Is It Time To Put Chaowei Power Holdings Limited (HKG:951) On Your Watch List?
Mar 10What We Make Of Chaowei Power Holdings' (HKG:951) Returns On Capital
Feb 23What Type Of Shareholders Own The Most Number of Chaowei Power Holdings Limited (HKG:951) Shares?
Feb 09Chaowei Power Holdings (HKG:951) Shareholders Have Enjoyed A 33% Share Price Gain
Jan 26Calculating The Fair Value Of Chaowei Power Holdings Limited (HKG:951)
Jan 12
Here's Why We Think Chaowei Power Holdings (HKG:951) Is Well Worth Watching
Dec 30Chaowei Power Holdings Limited (HKG:951) Vies For A Place In Your Dividend Portfolio: Here's Why
Dec 16Is There Now An Opportunity In Chaowei Power Holdings Limited (HKG:951)?
Dec 01Will the Promising Trends At Chaowei Power Holdings (HKG:951) Continue?
Nov 18Financial Position Analysis
Short Term Liabilities: 951's short term assets (CN¥15.2B) exceed its short term liabilities (CN¥12.9B).
Long Term Liabilities: 951's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 951's net debt to equity ratio (43%) is considered high.
Reducing Debt: 951's debt to equity ratio has reduced from 132.2% to 93.5% over the past 5 years.
Debt Coverage: 951's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: 951's interest payments on its debt are well covered by EBIT (3.4x coverage).