China Chunlai Education Group Balance Sheet Health
Financial Health criteria checks 5/6
China Chunlai Education Group has a total shareholder equity of CN¥3.9B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are CN¥7.3B and CN¥3.4B respectively. China Chunlai Education Group's EBIT is CN¥854.9M making its interest coverage ratio 14.3. It has cash and short-term investments of CN¥790.9M.
Key information
57.9%
Debt to equity ratio
CN¥2.25b
Debt
| Interest coverage ratio | 14.3x |
| Cash | CN¥790.90m |
| Equity | CN¥3.88b |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥7.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1969's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 1969's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥520.5M).
Debt to Equity History and Analysis
Debt Level: 1969's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: 1969's debt to equity ratio has reduced from 118.1% to 57.9% over the past 5 years.
Debt Coverage: 1969's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 1969's interest payments on its debt are well covered by EBIT (14.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
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 Chunlai Education Group Co., Ltd. is covered by 2 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 |
|---|---|
| Chung Yin Kou | CLSA |
| Vivien Chan | Zhongtai International Securities Co., Ltd |