Chongqing Machinery & Electric Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Machinery & Electric has a total shareholder equity of CN¥8.2B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are CN¥17.5B and CN¥9.2B respectively.
Key information
33.3%
Debt to equity ratio
CN¥2.74b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.65b |
| Equity | CN¥8.24b |
| Total liabilities | CN¥9.25b |
| Total assets | CN¥17.49b |
Recent financial health updates
Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Sep 13
Chongqing Machinery & Electric (HKG:2722) Is Making Moderate Use Of Debt
Dec 13Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Mar 26Is Chongqing Machinery & Electric (HKG:2722) Using Too Much Debt?
Nov 27Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Chongqing Machinery & Electric (HKG:2722)
Apr 16Chongqing Machinery & Electric's (HKG:2722) Returns Have Hit A Wall
Nov 16A Look At The Intrinsic Value Of Chongqing Machinery & Electric Co., Ltd. (HKG:2722)
Oct 24Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Sep 13Chongqing Machinery & Electric (HKG:2722) Is Making Moderate Use Of Debt
Dec 13Chongqing Machinery & Electric (HKG:2722) Is Doing The Right Things To Multiply Its Share Price
Mar 09Returns At Chongqing Machinery & Electric (HKG:2722) Are On The Way Up
Aug 04Chongqing Machinery & Electric Co., Ltd.'s (HKG:2722) CEO Compensation Looks Acceptable To Us And Here's Why
Jun 17Chongqing Machinery & Electric (HKG:2722) Shareholders Will Want The ROCE Trajectory To Continue
Apr 16Chongqing Machinery & Electric (HKG:2722) Has A Somewhat Strained Balance Sheet
Mar 26Chongqing Machinery & Electric's (HKG:2722) Shareholders Are Down 30% On Their Shares
Feb 06What Is The Ownership Structure Like For Chongqing Machinery & Electric Co., Ltd. (HKG:2722)?
Jan 10How Much Does Chongqing Machinery & Electric's (HKG:2722) CEO Make?
Dec 15Is Chongqing Machinery & Electric (HKG:2722) Using Too Much Debt?
Nov 27Would Shareholders Who Purchased Chongqing Machinery & Electric's(HKG:2722) Stock Five Years Be Happy With The Share price Today?
Jul 12Financial Position Analysis
Short Term Liabilities: 2722's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 2722's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 2722's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 2722's debt to equity ratio has reduced from 36.2% to 33.3% over the past 5 years.
Debt Coverage: 2722's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: Insufficient data to determine if 2722's interest payments on its debt are well covered by EBIT.