China Nuclear Energy Technology Balance Sheet Health
Financial Health criteria checks 1/6
China Nuclear Energy Technology has a total shareholder equity of HK$1.8B and total debt of HK$7.1B, which brings its debt-to-equity ratio to 386.8%. Its total assets and total liabilities are HK$10.9B and HK$9.1B respectively. China Nuclear Energy Technology's EBIT is HK$389.9M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$997.3M.
Key information
386.8%
Debt to equity ratio
HK$7.10b
Debt
| Interest coverage ratio | 1.8x |
| Cash | HK$997.33m |
| Equity | HK$1.83b |
| Total liabilities | HK$9.06b |
| Total assets | HK$10.89b |
Recent financial health updates
China Nuclear Energy Technology (HKG:611) Seems To Be Using A Lot Of Debt
Apr 02
Here's Why China Nuclear Energy Technology (HKG:611) Is Weighed Down By Its Debt Load
Sep 24Is China Nuclear Energy Technology (HKG:611) Using Too Much Debt?
Apr 13Recent updates
China Nuclear Energy Technology's (HKG:611) Profits Appear To Have Quality Issues
Oct 03China Nuclear Energy Technology Corporation Limited's (HKG:611) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Oct 02Returns On Capital Signal Tricky Times Ahead For China Nuclear Energy Technology (HKG:611)
Sep 25China Nuclear Energy Technology (HKG:611) Seems To Be Using A Lot Of Debt
Apr 02Here's Why China Nuclear Energy Technology (HKG:611) Is Weighed Down By Its Debt Load
Sep 24Is China Nuclear Energy Technology (HKG:611) Using Too Much Debt?
Apr 13China Nuclear Energy Technology Corporation Limited (HKG:611) Insiders Increased Their Holdings
Mar 17The China Nuclear Energy Technology (HKG:611) Share Price Is Up 126% And Shareholders Are Boasting About It
Feb 10What Is The Ownership Structure Like For China Nuclear Energy Technology Corporation Limited (HKG:611)?
Jan 21
Did China Nuclear Energy Technology Corporation Limited (HKG:611) Use Debt To Deliver Its ROE Of 10%?
Jan 04Here's Why We Don't Think China Nuclear Energy Technology's (HKG:611) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 17Financial Position Analysis
Short Term Liabilities: 611's short term assets (HK$3.8B) exceed its short term liabilities (HK$3.3B).
Long Term Liabilities: 611's short term assets (HK$3.8B) do not cover its long term liabilities (HK$5.8B).
Debt to Equity History and Analysis
Debt Level: 611's net debt to equity ratio (332.5%) is considered high.
Reducing Debt: 611's debt to equity ratio has increased from 255.2% to 386.8% over the past 5 years.
Debt Coverage: 611's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 611's interest payments on its debt are not well covered by EBIT (1.8x coverage).