China Nuclear Energy Technology Corporation Limited

SEHK:611 Stock Report

Market Cap: HK$546.4m

China Nuclear Energy Technology Balance Sheet Health

Financial Health criteria checks 2/6

China Nuclear Energy Technology has a total shareholder equity of HK$1.7B and total debt of HK$5.6B, which brings its debt-to-equity ratio to 335.9%. Its total assets and total liabilities are HK$9.5B and HK$7.8B respectively. China Nuclear Energy Technology's EBIT is HK$278.8M making its interest coverage ratio 2. It has cash and short-term investments of HK$1.7B.

Key information

335.9%

Debt to equity ratio

HK$5.59b

Debt

Interest coverage ratio2x
CashHK$1.75b
EquityHK$1.66b
Total liabilitiesHK$7.84b
Total assetsHK$9.51b

Recent financial health updates

Recent updates

Returns On Capital Signal Tricky Times Ahead For China Nuclear Energy Technology (HKG:611)

Sep 25
Returns On Capital Signal Tricky Times Ahead For China Nuclear Energy Technology (HKG:611)

China Nuclear Energy Technology (HKG:611) Seems To Be Using A Lot Of Debt

Apr 02
China Nuclear Energy Technology (HKG:611) Seems To Be Using A Lot Of Debt

Here's Why China Nuclear Energy Technology (HKG:611) Is Weighed Down By Its Debt Load

Sep 24
Here's Why China Nuclear Energy Technology (HKG:611) Is Weighed Down By Its Debt Load

Is China Nuclear Energy Technology (HKG:611) Using Too Much Debt?

Apr 13
Is China Nuclear Energy Technology (HKG:611) Using Too Much Debt?

China Nuclear Energy Technology Corporation Limited (HKG:611) Insiders Increased Their Holdings

Mar 17
China Nuclear Energy Technology Corporation Limited (HKG:611) Insiders Increased Their Holdings

The China Nuclear Energy Technology (HKG:611) Share Price Is Up 126% And Shareholders Are Boasting About It

Feb 10
The China Nuclear Energy Technology (HKG:611) Share Price Is Up 126% And Shareholders Are Boasting About It

What Is The Ownership Structure Like For China Nuclear Energy Technology Corporation Limited (HKG:611)?

Jan 21
What Is The Ownership Structure Like For China Nuclear Energy Technology Corporation Limited (HKG:611)?

Did China Nuclear Energy Technology Corporation Limited (HKG:611) Use Debt To Deliver Its ROE Of 10%?

Jan 04
Did China Nuclear Energy Technology Corporation Limited (HKG:611) Use Debt To Deliver Its ROE Of 10%?

Here's Why We Don't Think China Nuclear Energy Technology's (HKG:611) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 17
Here's Why We Don't Think China Nuclear Energy Technology's (HKG:611) Statutory Earnings Reflect Its Underlying Earnings Potential

Financial Position Analysis

Short Term Liabilities: 611's short term assets (HK$5.8B) exceed its short term liabilities (HK$4.9B).

Long Term Liabilities: 611's short term assets (HK$5.8B) exceed its long term liabilities (HK$2.9B).


Debt to Equity History and Analysis

Debt Level: 611's net debt to equity ratio (230.7%) is considered high.

Reducing Debt: 611's debt to equity ratio has increased from 203.9% to 335.9% over the past 5 years.

Debt Coverage: 611's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 611's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


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