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
No updates
Recent updates
Financial 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).