China Chunlai Education Group Balance Sheet Health
Financial Health criteria checks 4/6
China Chunlai Education Group has a total shareholder equity of CN¥3.6B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥6.6B and CN¥3.0B respectively. China Chunlai Education Group's EBIT is CN¥807.5M making its interest coverage ratio 9.8. It has cash and short-term investments of CN¥382.9M.
Key information
52.2%
Debt to equity ratio
CN¥1.88b
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥382.92m |
| Equity | CN¥3.60b |
| Total liabilities | CN¥3.02b |
| Total assets | CN¥6.62b |
Recent financial health updates
No updates
Recent updates
China Chunlai Education Group (HKG:1969) Is Reinvesting To Multiply In Value
Aug 16
We Ran A Stock Scan For Earnings Growth And China Chunlai Education Group (HKG:1969) Passed With Ease
Sep 14A Look Into China Chunlai Education Group's (HKG:1969) Impressive Returns On Capital
Aug 11Capital Investment Trends At China Chunlai Education Group (HKG:1969) Look Strong
May 10Here's Why We Think China Chunlai Education Group (HKG:1969) Is Well Worth Watching
Mar 25The Returns At China Chunlai Education Group (HKG:1969) Aren't Growing
Nov 30Is China Chunlai Education Group Co., Ltd.'s (HKG:1969) ROE Of 9.8% Impressive?
Feb 28Does China Chunlai Education Group's (HKG:1969) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 20How Much Of China Chunlai Education Group Co., Ltd. (HKG:1969) Do Insiders Own?
Jan 02Insider Buying: The China Chunlai Education Group Co., Ltd. (HKG:1969) Vice Chairman of Board Just Bought 22% More Shares
Dec 15Investor Optimism Abounds China Chunlai Education Group Co., Ltd. (HKG:1969) But Growth Is Lacking
Dec 03
Financial Position Analysis
Short Term Liabilities: 1969's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 1969's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥546.4M).
Debt to Equity History and Analysis
Debt Level: 1969's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 1969's debt to equity ratio has reduced from 72.7% to 52.2% over the past 5 years.
Debt Coverage: 1969's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 1969's interest payments on its debt are well covered by EBIT (9.8x coverage).