China Energy Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China Energy Engineering has a total shareholder equity of CN¥192.6B and total debt of CN¥278.9B, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are CN¥858.1B and CN¥665.5B respectively. China Energy Engineering's EBIT is CN¥18.7B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥73.8B.
Key information
144.8%
Debt to equity ratio
CN¥278.93b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥73.80b |
| Equity | CN¥192.61b |
| Total liabilities | CN¥665.52b |
| Total assets | CN¥858.13b |
Recent financial health updates
China Energy Engineering (HKG:3996) Seems To Be Using A Lot Of Debt
Sep 23
Here's Why China Energy Engineering (HKG:3996) Is Weighed Down By Its Debt Load
May 31Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
Feb 08Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
Oct 24China Energy Engineering (HKG:3996) Use Of Debt Could Be Considered Risky
Jul 09Is China Energy Engineering (HKG:3996) Using Too Much Debt?
Mar 31Recent updates
Investors Could Be Concerned With China Energy Engineering's (HKG:3996) Returns On Capital
Nov 19China Energy Engineering Corporation Limited (HKG:3996) Held Back By Insufficient Growth Even After Shares Climb 32%
Oct 09China Energy Engineering (HKG:3996) Seems To Be Using A Lot Of Debt
Sep 23China Energy Engineering (HKG:3996) May Have Issues Allocating Its Capital
Jul 12If EPS Growth Is Important To You, China Energy Engineering (HKG:3996) Presents An Opportunity
Jun 18Here's Why China Energy Engineering (HKG:3996) Is Weighed Down By Its Debt Load
May 31China Energy Engineering Corporation Limited's (HKG:3996) Price Is Right But Growth Is Lacking After Shares Rocket 28%
May 13China Energy Engineering (HKG:3996) Has Some Way To Go To Become A Multi-Bagger
Mar 01Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
Feb 08China Energy Engineering Corporation Limited's (HKG:3996) Earnings Are Not Doing Enough For Some Investors
Dec 26China Energy Engineering (HKG:3996) Has Some Way To Go To Become A Multi-Bagger
Nov 14Does China Energy Engineering (HKG:3996) Have A Healthy Balance Sheet?
Oct 24Should You Be Adding China Energy Engineering (HKG:3996) To Your Watchlist Today?
Aug 14Some Investors May Be Worried About China Energy Engineering's (HKG:3996) Returns On Capital
Jul 26China Energy Engineering (HKG:3996) Use Of Debt Could Be Considered Risky
Jul 09If EPS Growth Is Important To You, China Energy Engineering (HKG:3996) Presents An Opportunity
May 15China Energy Engineering's (HKG:3996) Returns On Capital Not Reflecting Well On The Business
Apr 27Is China Energy Engineering (HKG:3996) Using Too Much Debt?
Mar 31Be Wary Of China Energy Engineering (HKG:3996) And Its Returns On Capital
Oct 26China Energy Engineering (HKG:3996) Seems To Be Using A Lot Of Debt
Oct 01Slowing Rates Of Return At China Energy Engineering (HKG:3996) Leave Little Room For Excitement
Jul 27Is China Energy Engineering (HKG:3996) Using Too Much Debt?
Jul 03China Energy Engineering (HKG:3996) Has Some Way To Go To Become A Multi-Bagger
Apr 28Here's Why China Energy Engineering (HKG:3996) Is Weighed Down By Its Debt Load
Apr 03China Energy Engineering (HKG:3996) Has Some Way To Go To Become A Multi-Bagger
Jan 16Is China Energy Engineering (HKG:3996) Using Too Much Debt?
Dec 20Return Trends At China Energy Engineering (HKG:3996) Aren't Appealing
Oct 08I Ran A Stock Scan For Earnings Growth And China Energy Engineering (HKG:3996) Passed With Ease
Sep 18Here's Why China Energy Engineering (HKG:3996) Has A Meaningful Debt Burden
Aug 29Investors Met With Slowing Returns on Capital At China Energy Engineering (HKG:3996)
Jun 23Estimating The Fair Value Of China Energy Engineering Corporation Limited (HKG:3996)
May 19Should You Be Impressed By China Energy Engineering's (HKG:3996) Returns on Capital?
Mar 15Financial Position Analysis
Short Term Liabilities: 3996's short term assets (CN¥475.8B) exceed its short term liabilities (CN¥438.9B).
Long Term Liabilities: 3996's short term assets (CN¥475.8B) exceed its long term liabilities (CN¥226.7B).
Debt to Equity History and Analysis
Debt Level: 3996's net debt to equity ratio (106.5%) is considered high.
Reducing Debt: 3996's debt to equity ratio has increased from 95% to 144.8% over the past 5 years.
Debt Coverage: 3996's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 3996's interest payments on its debt are well covered by EBIT (4.3x coverage).