China Reinsurance (Group) Balance Sheet Health
Financial Health criteria checks 3/6
China Reinsurance (Group) has a total shareholder equity of CN¥102.2B and total debt of CN¥74.9B, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are CN¥459.7B and CN¥357.5B respectively. China Reinsurance (Group)'s EBIT is CN¥5.9B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥122.2B.
Key information
73.3%
Debt to equity ratio
CN¥74.88b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥122.18b |
Equity | CN¥102.18b |
Total liabilities | CN¥357.55b |
Total assets | CN¥459.73b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By China Reinsurance (Group) Corporation's (HKG:1508) Earnings Despite 25% Price Jump
Mar 13Market Still Lacking Some Conviction On China Reinsurance (Group) Corporation (HKG:1508)
Jan 07Here's Why I Think China Reinsurance (Group) (HKG:1508) Might Deserve Your Attention Today
Nov 08Key Things To Watch Out For If You Are After China Reinsurance (Group) Corporation's (HKG:1508) 6.0% Dividend
Apr 24Reflecting on China Reinsurance (Group)'s (HKG:1508) Share Price Returns Over The Last Five Years
Feb 28Is China Reinsurance (Group) Corporation (HKG:1508) The Right Choice For A Smart Dividend Investor?
Jan 24China Reinsurance (Group)'s(HKG:1508) Share Price Is Down 67% Over The Past Five Years.
Nov 29Financial Position Analysis
Short Term Liabilities: 1508's short term assets (CN¥173.4B) exceed its short term liabilities (CN¥64.5B).
Long Term Liabilities: 1508's short term assets (CN¥173.4B) do not cover its long term liabilities (CN¥293.1B).
Debt to Equity History and Analysis
Debt Level: 1508 has more cash than its total debt.
Reducing Debt: 1508's debt to equity ratio has increased from 43% to 73.3% over the past 5 years.
Debt Coverage: 1508's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 1508's interest payments on its debt are not well covered by EBIT (2.5x coverage).