China Conch Venture Holdings Limited

SZSC:586 Stock Report

Market Cap: HK$13.3b

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 ratio2.5x
CashCN¥3.62b
EquityCN¥48.51b
Total liabilitiesCN¥33.40b
Total assetsCN¥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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