China Resources Beer (Holdings) Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Beer (Holdings) has a total shareholder equity of CN¥34.2B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are CN¥71.5B and CN¥37.4B respectively. China Resources Beer (Holdings)'s EBIT is CN¥4.8B making its interest coverage ratio -26.9. It has cash and short-term investments of CN¥5.5B.
Key information
15.0%
Debt to equity ratio
CN¥5.11b
Debt
| Interest coverage ratio | -26.9x |
| Cash | CN¥5.52b |
| Equity | CN¥34.17b |
| Total liabilities | CN¥37.35b |
| Total assets | CN¥71.52b |
Recent financial health updates
China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet
Dec 20
Does China Resources Beer (Holdings) (HKG:291) Have A Healthy Balance Sheet?
Sep 18Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Jun 06China Resources Beer (Holdings) (HKG:291) Seems To Use Debt Rather Sparingly
Nov 27Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Aug 26Recent updates
China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues
May 01Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?
Apr 08Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 21Returns At China Resources Beer (Holdings) (HKG:291) Appear To Be Weighed Down
Mar 04China Resources Beer (Holdings) Company Limited's (HKG:291) Price Is Out Of Tune With Earnings
Jan 29China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet
Dec 20China Resources Beer (Holdings) (HKG:291) Hasn't Managed To Accelerate Its Returns
Nov 20China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 30% Below Their Intrinsic Value Estimate
Oct 20Does China Resources Beer (Holdings) (HKG:291) Have A Healthy Balance Sheet?
Sep 18Estimating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Jul 09Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Jun 06China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price
May 06Estimating The Fair Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Mar 17China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital
Jan 13Calculating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)
Dec 12China Resources Beer (Holdings) (HKG:291) Seems To Use Debt Rather Sparingly
Nov 27Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)
Oct 12China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 28% Below Their Intrinsic Value Estimate
Sep 11Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?
Aug 26China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price
Jul 14China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 35% Below Their Intrinsic Value Estimate
May 29Returns At China Resources Beer (Holdings) (HKG:291) Are On The Way Up
Apr 06China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 48% Below Their Intrinsic Value Estimate
Feb 05Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)
Dec 19If You Like EPS Growth Then Check Out China Resources Beer (Holdings) (HKG:291) Before It's Too Late
Nov 19China Resources Beer (Holdings) (HKG:291) Shareholders Will Want The ROCE Trajectory To Continue
Sep 18Is China Resources Beer (Holdings) Company Limited (HKG:291) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 31China Resources Beer (Holdings)'s (HKG:291) Returns On Capital Are Heading Higher
Jun 01Is Now The Time To Put China Resources Beer (Holdings) (HKG:291) On Your Watchlist?
May 11Have Insiders Been Buying China Resources Beer (Holdings) Company Limited (HKG:291) Shares?
Mar 15Is China Resources Beer (Holdings) Company Limited (HKG:291) Worth HK$61.8 Based On Its Intrinsic Value?
Feb 25Does China Resources Beer (Holdings) (HKG:291) Have The Makings Of A Multi-Bagger?
Feb 10Does China Resources Beer (Holdings) (HKG:291) Deserve A Spot On Your Watchlist?
Jan 26What Type Of Shareholders Make Up China Resources Beer (Holdings) Company Limited's (HKG:291) Share Registry?
Jan 12
China Resources Beer (Holdings) (HKG:291) Has Rewarded Shareholders With An Exceptional 387% Total Return On Their Investment
Dec 28How Much Is China Resources Beer (Holdings) Company Limited (HKG:291) CEO Getting Paid?
Dec 15Is There More To The Story Than China Resources Beer (Holdings)'s (HKG:291) Earnings Growth?
Dec 02China Resources Beer (Holdings) Company Limited's (HKG:291) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 19Financial Position Analysis
Short Term Liabilities: 291's short term assets (CN¥17.1B) do not cover its short term liabilities (CN¥24.4B).
Long Term Liabilities: 291's short term assets (CN¥17.1B) exceed its long term liabilities (CN¥13.0B).
Debt to Equity History and Analysis
Debt Level: 291 has more cash than its total debt.
Reducing Debt: 291's debt to equity ratio has increased from 3.7% to 15% over the past 5 years.
Debt Coverage: 291's debt is well covered by operating cash flow (81.2%).
Interest Coverage: 291 earns more interest than it pays, so coverage of interest payments is not a concern.