Central New Energy Holding Group Balance Sheet Health
Financial Health criteria checks 2/6
Central New Energy Holding Group has a total shareholder equity of HK$1.3B and total debt of HK$1.7B, which brings its debt-to-equity ratio to 126.2%. Its total assets and total liabilities are HK$4.4B and HK$3.0B respectively. Central New Energy Holding Group's EBIT is HK$6.3M making its interest coverage ratio 0.2. It has cash and short-term investments of HK$339.9M.
Key information
126.2%
Debt to equity ratio
HK$1.67b
Debt
| Interest coverage ratio | 0.2x |
| Cash | HK$339.90m |
| Equity | HK$1.33b |
| Total liabilities | HK$3.03b |
| Total assets | HK$4.36b |
Recent financial health updates
These 4 Measures Indicate That Central New Energy Holding Group (HKG:1735) Is Using Debt Extensively
Jun 16
Health Check: How Prudently Does Central New Energy Holding Group (HKG:1735) Use Debt?
Oct 02Health Check: How Prudently Does Central New Energy Holding Group (HKG:1735) Use Debt?
Jun 09Is Central Holding Group (HKG:1735) Using Too Much Debt?
Dec 20Does Central Holding Group (HKG:1735) Have A Healthy Balance Sheet?
Sep 19Recent updates
Investors Still Waiting For A Pull Back In Central New Energy Holding Group Limited (HKG:1735)
Dec 09Central New Energy Holding Group (HKG:1735) Is Looking To Continue Growing Its Returns On Capital
Nov 17Central New Energy Holding Group's (HKG:1735) Performance Raises Some Questions
Oct 04Why We're Not Concerned About Central New Energy Holding Group Limited's (HKG:1735) Share Price
Sep 04Central New Energy Holding Group (HKG:1735) Shareholders Will Want The ROCE Trajectory To Continue
Aug 13This Is The Reason Why We Think Central New Energy Holding Group Limited's (HKG:1735) CEO Deserves A Bump Up To Their Compensation
Jun 21These 4 Measures Indicate That Central New Energy Holding Group (HKG:1735) Is Using Debt Extensively
Jun 16Central New Energy Holding Group Limited's (HKG:1735) P/S Is Still On The Mark Following 28% Share Price Bounce
May 24The Return Trends At Central New Energy Holding Group (HKG:1735) Look Promising
Apr 23Market Participants Recognise Central New Energy Holding Group Limited's (HKG:1735) Revenues Pushing Shares 27% Higher
Mar 11Getting In Cheap On Central New Energy Holding Group Limited (HKG:1735) Might Be Difficult
Dec 18Health Check: How Prudently Does Central New Energy Holding Group (HKG:1735) Use Debt?
Oct 02Health Check: How Prudently Does Central New Energy Holding Group (HKG:1735) Use Debt?
Jun 09Returns On Capital Signal Tricky Times Ahead For Central Holding Group (HKG:1735)
Mar 13Is Central Holding Group (HKG:1735) Using Too Much Debt?
Dec 20Be Wary Of Central Holding Group (HKG:1735) And Its Returns On Capital
Nov 09Does Central Holding Group (HKG:1735) Have A Healthy Balance Sheet?
Sep 19Shareholders In Central Holding Group (HKG:1735) Should Look Beyond Earnings For The Full Story
May 10Financial Position Analysis
Short Term Liabilities: 1735's short term assets (HK$2.7B) exceed its short term liabilities (HK$2.7B).
Long Term Liabilities: 1735's short term assets (HK$2.7B) exceed its long term liabilities (HK$338.9M).
Debt to Equity History and Analysis
Debt Level: 1735's net debt to equity ratio (100.5%) is considered high.
Reducing Debt: 1735's debt to equity ratio has increased from 0% to 126.2% over the past 5 years.
Debt Coverage: 1735's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 1735's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 10:29 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Central New Energy Holding Group Limited is covered by 0 analysts. 0 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 |
|---|