CNNC International Balance Sheet Health
Financial Health criteria checks 3/6
CNNC International has a total shareholder equity of HK$439.4M and total debt of HK$338.3M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are HK$831.0M and HK$391.6M respectively. CNNC International's EBIT is HK$91.5M making its interest coverage ratio 5.4. It has cash and short-term investments of HK$128.6M.
Key information
77.0%
Debt to equity ratio
HK$338.26m
Debt
| Interest coverage ratio | 5.4x |
| Cash | HK$128.62m |
| Equity | HK$439.43m |
| Total liabilities | HK$391.60m |
| Total assets | HK$831.03m |
Recent financial health updates
Recent updates
Is CNNC International (HKG:2302) A Risky Investment?
Oct 31
Earnings Not Telling The Story For CNNC International Limited (HKG:2302) After Shares Rise 33%
Oct 09We Think That There Are Some Issues For CNNC International (HKG:2302) Beyond Its Promising Earnings
Sep 09CNNC International Limited (HKG:2302) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Aug 15Returns Are Gaining Momentum At CNNC International (HKG:2302)
Jul 19We Discuss Whether CNNC International Limited's (HKG:2302) CEO Is Due For A Pay Rise
Jun 10CNNC International Limited (HKG:2302) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Apr 29There's Reason For Concern Over CNNC International Limited's (HKG:2302) Massive 40% Price Jump
Jan 25With EPS Growth And More, CNNC International (HKG:2302) Makes An Interesting Case
Jan 18Returns Are Gaining Momentum At CNNC International (HKG:2302)
Dec 06CNNC International's (HKG:2302) Profits Appear To Have Quality Issues
Oct 02We Like These Underlying Return On Capital Trends At CNNC International (HKG:2302)
Aug 07CNNC International Limited's (HKG:2302) Share Price Could Signal Some Risk
Jun 27We Think The Compensation For CNNC International Limited's (HKG:2302) CEO Looks About Right
Dec 09CNNC International (HKG:2302) Shareholders Will Want The ROCE Trajectory To Continue
Oct 19Financial Position Analysis
Short Term Liabilities: 2302's short term assets (HK$423.9M) exceed its short term liabilities (HK$207.1M).
Long Term Liabilities: 2302's short term assets (HK$423.9M) exceed its long term liabilities (HK$184.5M).
Debt to Equity History and Analysis
Debt Level: 2302's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 2302's debt to equity ratio has increased from 67.6% to 77% over the past 5 years.
Debt Coverage: 2302's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2302's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:55 |
| End of Day Share Price | 2024/12/27 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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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
CNNC International Limited is covered by 2 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 |
|---|---|
| null null | CCB International Securities Limited |
| Min Li | Yuanta Research |