China Everbright Environment Group Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Environment Group has a total shareholder equity of HK$67.7B and total debt of HK$94.2B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are HK$189.5B and HK$121.8B respectively. China Everbright Environment Group's EBIT is HK$10.4B making its interest coverage ratio 3.2. It has cash and short-term investments of HK$8.2B.
Key information
139.1%
Debt to equity ratio
HK$94.17b
Debt
| Interest coverage ratio | 3.2x |
| Cash | HK$8.23b |
| Equity | HK$67.69b |
| Total liabilities | HK$121.77b |
| Total assets | HK$189.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 257's short term assets (HK$48.5B) exceed its short term liabilities (HK$34.4B).
Long Term Liabilities: 257's short term assets (HK$48.5B) do not cover its long term liabilities (HK$87.3B).
Debt to Equity History and Analysis
Debt Level: 257's net debt to equity ratio (127%) is considered high.
Reducing Debt: 257's debt to equity ratio has increased from 102.3% to 139.1% over the past 5 years.
Debt Coverage: 257's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 257's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 13:42 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Everbright Environment Group Limited is covered by 39 analysts. 9 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 |
|---|---|
| King Chuen Ng | ABCI Securities Company Limited |
| Daisy Zhang | BNP Paribas Securities (Asia) |
| Yunqing Fei | BOCI Research Ltd. |