China Conch Venture Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China Conch Venture Holdings has a total shareholder equity of CN¥48.5B and total debt of CN¥28.1B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are CN¥81.9B and CN¥33.4B respectively. China Conch Venture Holdings's EBIT is CN¥1.6B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥3.6B.
Key information
58.0%
Debt to equity ratio
CN¥28.13b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥3.62b |
| Equity | CN¥48.51b |
| Total liabilities | CN¥33.40b |
| Total assets | CN¥81.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 586's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 586's short term assets (CN¥8.2B) do not cover its long term liabilities (CN¥26.8B).
Debt to Equity History and Analysis
Debt Level: 586's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 586's debt to equity ratio has increased from 19.3% to 58% over the past 5 years.
Debt Coverage: 586's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 586's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
China Conch Venture Holdings Limited is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yanlin Zhao | BofA Global Research |
| Edward Leung | BofA Global Research |
| Jiani Liu | China International Capital Corporation Limited |