China Nature Energy Technology Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Nature Energy Technology Holdings has a total shareholder equity of CN¥246.5M and total debt of CN¥93.6M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are CN¥464.6M and CN¥218.1M respectively.
Key information
38.0%
Debt to equity ratio
CN¥93.61m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥36.70m |
| Equity | CN¥246.47m |
| Total liabilities | CN¥218.13m |
| Total assets | CN¥464.60m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To China Nature Energy Technology Holdings Limited (HKG:1597) With Shares Advancing 67%
Nov 11
Is China Nature Energy Technology Holdings (HKG:1597) Using Too Much Debt?
Nov 08Risks To Shareholder Returns Are Elevated At These Prices For China Nature Energy Technology Holdings Limited (HKG:1597)
Sep 26More Unpleasant Surprises Could Be In Store For China Nature Energy Technology Holdings Limited's (HKG:1597) Shares After Tumbling 29%
Apr 16Some Investors May Be Worried About China Nature Energy Technology Holdings' (HKG:1597) Returns On Capital
May 15China Nature Energy Technology Holdings (HKG:1597) Will Be Hoping To Turn Its Returns On Capital Around
Aug 23There May Be Reason For Hope In China Nature Energy Technology Holdings' (HKG:1597) Disappointing Earnings
Apr 29Should We Be Delighted With China Nature Energy Technology Holdings Limited's (HKG:1597) ROE Of 40%?
Jan 20Financial Position Analysis
Short Term Liabilities: 1597's short term assets (CN¥326.7M) exceed its short term liabilities (CN¥208.3M).
Long Term Liabilities: 1597's short term assets (CN¥326.7M) exceed its long term liabilities (CN¥9.8M).
Debt to Equity History and Analysis
Debt Level: 1597's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: 1597's debt to equity ratio has reduced from 167.6% to 38% over the past 5 years.
Debt Coverage: 1597's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1597's interest payments on its debt are well covered by EBIT.