Weichai Power Balance Sheet Health
Financial Health criteria checks 5/6
Weichai Power has a total shareholder equity of CN¥116.7B and total debt of CN¥65.2B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are CN¥338.8B and CN¥222.1B respectively. Weichai Power's EBIT is CN¥14.1B making its interest coverage ratio -122.5. It has cash and short-term investments of CN¥98.2B.
Key information
55.9%
Debt to equity ratio
CN¥65.21b
Debt
| Interest coverage ratio | -122.5x |
| Cash | CN¥98.16b |
| Equity | CN¥116.68b |
| Total liabilities | CN¥222.07b |
| Total assets | CN¥338.75b |
Recent financial health updates
Weichai Power (HKG:2338) Seems To Use Debt Rather Sparingly
Dec 06
Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet
Aug 21Here's Why Weichai Power (HKG:2338) Can Manage Its Debt Responsibly
May 19Is Weichai Power (HKG:2338) A Risky Investment?
Feb 15Weichai Power (HKG:2338) Seems To Use Debt Quite Sensibly
Oct 31Is Weichai Power (HKG:2338) A Risky Investment?
Jul 10Recent updates
Weichai Power Co., Ltd. (HKG:2338) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 01Weichai Power Co., Ltd.'s (HKG:2338) P/E Is On The Mark
Apr 17Statutory Profit Doesn't Reflect How Good Weichai Power's (HKG:2338) Earnings Are
Apr 01There Are Reasons To Feel Uneasy About Weichai Power's (HKG:2338) Returns On Capital
Feb 05Is It Too Late To Consider Buying Weichai Power Co., Ltd. (HKG:2338)?
Jan 05Weichai Power Co., Ltd.'s (HKG:2338) Shareholders Might Be Looking For Exit
Dec 21Weichai Power (HKG:2338) Seems To Use Debt Rather Sparingly
Dec 06Returns On Capital At Weichai Power (HKG:2338) Paint A Concerning Picture
Nov 05Weichai Power (HKG:2338) Has Announced That It Will Be Increasing Its Dividend To CN¥0.2465
Sep 18Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet
Aug 21Should You Investigate Weichai Power Co., Ltd. (HKG:2338) At HK$11.94?
Jul 06Weichai Power (HKG:2338) Will Be Hoping To Turn Its Returns On Capital Around
Jun 19Here's Why Weichai Power (HKG:2338) Can Manage Its Debt Responsibly
May 19At HK$12.60, Is Weichai Power Co., Ltd. (HKG:2338) Worth Looking At Closely?
Mar 31Capital Allocation Trends At Weichai Power (HKG:2338) Aren't Ideal
Mar 15Is Weichai Power (HKG:2338) A Risky Investment?
Feb 15Weichai Power Co., Ltd.'s (HKG:2338) Intrinsic Value Is Potentially 100% Above Its Share Price
Feb 01Why Weichai Power Co., Ltd. (HKG:2338) Could Be Worth Watching
Dec 18Weichai Power's (HKG:2338) Returns On Capital Not Reflecting Well On The Business
Dec 02Weichai Power (HKG:2338) Seems To Use Debt Quite Sensibly
Oct 31Weichai Power's (HKG:2338) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 12At HK$10.26, Is Weichai Power Co., Ltd. (HKG:2338) Worth Looking At Closely?
Sep 03Weichai Power (HKG:2338) Hasn't Managed To Accelerate Its Returns
Aug 03Weichai Power (HKG:2338) Will Pay A Smaller Dividend Than Last Year
Jul 18Is Weichai Power (HKG:2338) A Risky Investment?
Jul 10What Is Weichai Power Co., Ltd.'s (HKG:2338) Share Price Doing?
May 24Investors Will Want Weichai Power's (HKG:2338) Growth In ROCE To Persist
Apr 18Weichai Power (HKG:2338) Has A Pretty Healthy Balance Sheet
Apr 03Should You Think About Buying Weichai Power Co., Ltd. (HKG:2338) Now?
Feb 20Is Weichai Power Co., Ltd. (HKG:2338) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 25Returns Are Gaining Momentum At Weichai Power (HKG:2338)
Jan 12These 4 Measures Indicate That Weichai Power (HKG:2338) Is Using Debt Reasonably Well
Dec 26What Is Weichai Power Co., Ltd.'s (HKG:2338) Share Price Doing?
Nov 11Financial Position Analysis
Short Term Liabilities: 2338's short term assets (CN¥202.8B) exceed its short term liabilities (CN¥147.3B).
Long Term Liabilities: 2338's short term assets (CN¥202.8B) exceed its long term liabilities (CN¥74.7B).
Debt to Equity History and Analysis
Debt Level: 2338 has more cash than its total debt.
Reducing Debt: 2338's debt to equity ratio has increased from 42.2% to 55.9% over the past 5 years.
Debt Coverage: 2338's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 2338 earns more interest than it pays, so coverage of interest payments is not a concern.