China Conch Environment Protection Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China Conch Environment Protection Holdings has a total shareholder equity of CN¥3.8B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 120.7%. Its total assets and total liabilities are CN¥9.7B and CN¥5.9B respectively. China Conch Environment Protection Holdings's EBIT is CN¥308.7M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥371.1M.
Key information
120.7%
Debt to equity ratio
CN¥4.53b
Debt
| Interest coverage ratio | 3.3x |
| Cash | CN¥371.06m |
| Equity | CN¥3.75b |
| Total liabilities | CN¥5.93b |
| Total assets | CN¥9.68b |
Recent financial health updates
Is China Conch Environment Protection Holdings (HKG:587) A Risky Investment?
Jun 24
These 4 Measures Indicate That China Conch Environment Protection Holdings (HKG:587) Is Using Debt In A Risky Way
Mar 22Recent updates
China Conch Environment Protection Holdings (HKG:587) Will Want To Turn Around Its Return Trends
Nov 15Investor Optimism Abounds China Conch Environment Protection Holdings Limited (HKG:587) But Growth Is Lacking
Sep 25At HK$0.71, Is China Conch Environment Protection Holdings Limited (HKG:587) Worth Looking At Closely?
Aug 30Is China Conch Environment Protection Holdings (HKG:587) A Risky Investment?
Jun 24China Conch Environment Protection Holdings Limited (HKG:587) Shares Fly 28% But Investors Aren't Buying For Growth
May 13Is China Conch Environment Protection Holdings Limited (HKG:587) Worth HK$0.7 Based On Its Intrinsic Value?
Apr 16These 4 Measures Indicate That China Conch Environment Protection Holdings (HKG:587) Is Using Debt In A Risky Way
Mar 22China Conch Environment Protection Holdings (HKG:587) May Have Issues Allocating Its Capital
Oct 06Are Investors Undervaluing China Conch Environment Protection Holdings Limited (HKG:587) By 34%?
Aug 25China Conch Environment Protection Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 30Financial Position Analysis
Short Term Liabilities: 587's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 587's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 587's net debt to equity ratio (110.8%) is considered high.
Reducing Debt: 587's debt to equity ratio has increased from 37.2% to 120.7% over the past 5 years.
Debt Coverage: 587's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: 587's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:35 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Conch Environment Protection Holdings Limited is covered by 4 analysts. 1 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 |
|---|---|
| Anna Wang | Citigroup Inc |
| Ming-Hon Li | HSBC |
| Wenjiao Bian | Huatai Research |