China Pipe Group Balance Sheet Health
Financial Health criteria checks 6/6
China Pipe Group has a total shareholder equity of HK$767.0M and total debt of HK$63.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are HK$973.1M and HK$206.1M respectively. China Pipe Group's EBIT is HK$68.9M making its interest coverage ratio -8.9. It has cash and short-term investments of HK$342.5M.
Key information
8.2%
Debt to equity ratio
HK$62.98m
Debt
| Interest coverage ratio | -8.9x |
| Cash | HK$342.47m |
| Equity | HK$767.01m |
| Total liabilities | HK$206.11m |
| Total assets | HK$973.12m |
Recent financial health updates
Is China Pipe Group (HKG:380) Using Too Much Debt?
Oct 02
Is China Pipe Group (HKG:380) A Risky Investment?
May 11These 4 Measures Indicate That China Pipe Group (HKG:380) Is Using Debt Reasonably Well
Oct 09China Pipe Group (HKG:380) Seems To Use Debt Rather Sparingly
Jun 21These 4 Measures Indicate That China Pipe Group (HKG:380) Is Using Debt Safely
Sep 29China Pipe Group (HKG:380) Seems To Use Debt Rather Sparingly
Dec 21Recent updates
Is China Pipe Group (HKG:380) Using Too Much Debt?
Oct 02Some Confidence Is Lacking In China Pipe Group Limited's (HKG:380) P/S
Aug 26A Look At The Intrinsic Value Of China Pipe Group Limited (HKG:380)
Jul 18Investors Will Want China Pipe Group's (HKG:380) Growth In ROCE To Persist
Jun 14China Pipe Group Limited's (HKG:380) Share Price Boosted 44% But Its Business Prospects Need A Lift Too
May 21Is China Pipe Group (HKG:380) A Risky Investment?
May 11Do China Pipe Group's (HKG:380) Earnings Warrant Your Attention?
Mar 29China Pipe Group (HKG:380) Is Reinvesting At Lower Rates Of Return
Mar 03A Piece Of The Puzzle Missing From China Pipe Group Limited's (HKG:380) 27% Share Price Climb
Jan 09Investors Could Be Concerned With China Pipe Group's (HKG:380) Returns On Capital
Dec 01These 4 Measures Indicate That China Pipe Group (HKG:380) Is Using Debt Reasonably Well
Oct 09Returns On Capital At China Pipe Group (HKG:380) Paint A Concerning Picture
Aug 13China Pipe Group (HKG:380) Seems To Use Debt Rather Sparingly
Jun 21The Returns On Capital At China Pipe Group (HKG:380) Don't Inspire Confidence
May 05Returns On Capital Signal Tricky Times Ahead For China Pipe Group (HKG:380)
Dec 28These 4 Measures Indicate That China Pipe Group (HKG:380) Is Using Debt Safely
Sep 29Here's Why We Think China Pipe Group (HKG:380) Might Deserve Your Attention Today
Aug 30Returns On Capital At China Pipe Group (HKG:380) Paint A Concerning Picture
May 30China Pipe Group (HKG:380) May Have Issues Allocating Its Capital
Feb 14China Pipe Group (HKG:380) Seems To Use Debt Rather Sparingly
Dec 21China Pipe Group (HKG:380) Is Reinvesting At Lower Rates Of Return
Oct 28These 4 Measures Indicate That China Pipe Group (HKG:380) Is Using Debt Safely
Sep 01Be Wary Of China Pipe Group (HKG:380) And Its Returns On Capital
Jul 28Estimating The Intrinsic Value Of Softpower International Limited (HKG:380)
May 20Softpower International's (HKG:380) Solid Earnings May Rest On Weak Foundations
Apr 24Does Softpower International (HKG:380) Have A Healthy Balance Sheet?
Mar 25We're Watching These Trends At Softpower International (HKG:380)
Feb 04
Softpower International (HKG:380) Seems To Use Debt Rather Sparingly
Dec 14Financial Position Analysis
Short Term Liabilities: 380's short term assets (HK$810.0M) exceed its short term liabilities (HK$157.9M).
Long Term Liabilities: 380's short term assets (HK$810.0M) exceed its long term liabilities (HK$48.2M).
Debt to Equity History and Analysis
Debt Level: 380 has more cash than its total debt.
Reducing Debt: 380's debt to equity ratio has reduced from 11% to 8.2% over the past 5 years.
Debt Coverage: 380's debt is well covered by operating cash flow (129.9%).
Interest Coverage: 380 earns more interest than it pays, so coverage of interest payments is not a concern.