Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a total shareholder equity of CN¥1.2B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 161%. Its total assets and total liabilities are CN¥6.5B and CN¥5.3B respectively. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's EBIT is CN¥23.0M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥75.1M.
Key information
161.0%
Debt to equity ratio
CN¥1.92b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥75.14m |
| Equity | CN¥1.19b |
| Total liabilities | CN¥5.28b |
| Total assets | CN¥6.47b |
Recent financial health updates
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Has No Shortage Of Debt
Dec 21
These 4 Measures Indicate That Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Is Using Debt In A Risky Way
Sep 11Recent updates
Returns Are Gaining Momentum At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)
Nov 12We Discuss Why Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited's (HKG:1938) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jun 14Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Solid Earnings May Rest On Weak Foundations
May 06Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Has No Shortage Of Debt
Dec 21There's Been No Shortage Of Growth Recently For Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital
Oct 19These 4 Measures Indicate That Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Is Using Debt In A Risky Way
Sep 11Investors Will Want Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Growth In ROCE To Persist
Jun 13Returns On Capital Are Showing Encouraging Signs At Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938)
Feb 20Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Returns On Capital Are Heading Higher
Oct 04Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 06If You Had Bought Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKG:1938) Stock A Year Ago, You Could Pocket A 153% Gain Today
Mar 17How Much Did Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' (HKG:1938) CEO Pocket Last Year?
Dec 02Financial Position Analysis
Short Term Liabilities: 1938's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥4.4B).
Long Term Liabilities: 1938's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥926.8M).
Debt to Equity History and Analysis
Debt Level: 1938's net debt to equity ratio (154.7%) is considered high.
Reducing Debt: 1938's debt to equity ratio has reduced from 43918.3% to 161% over the past 5 years.
Debt Coverage: 1938's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 1938's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:41 |
| End of Day Share Price | 2024/12/23 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
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is covered by 17 analysts. 0 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 |
|---|---|
| Jovi Li | BOCOM International Securities Limited |
| Bin Guan | China International Capital Corporation Limited |
| Hanzhi Ding | Citigroup Inc |