China Reinsurance (Group) Balance Sheet Health
Financial Health criteria checks 3/6
China Reinsurance (Group) has a total shareholder equity of CN¥107.5B and total debt of CN¥72.5B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are CN¥474.5B and CN¥367.0B respectively. China Reinsurance (Group)'s EBIT is CN¥12.6B making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥134.4B.
Key information
67.5%
Debt to equity ratio
CN¥72.52b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥134.44b |
| Equity | CN¥107.49b |
| Total liabilities | CN¥366.97b |
| Total assets | CN¥474.47b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On China Reinsurance (Group) Corporation (HKG:1508)
Feb 03
We Ran A Stock Scan For Earnings Growth And China Reinsurance (Group) (HKG:1508) Passed With Ease
Dec 03Even With A 25% Surge, Cautious Investors Are Not Rewarding China Reinsurance (Group) Corporation's (HKG:1508) Performance Completely
Oct 28China Reinsurance (Group) Corporation's (HKG:1508) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Sep 04What You Need To Know About The China Reinsurance (Group) Corporation (HKG:1508) Analyst Downgrade Today
Aug 08With China Reinsurance (Group) Corporation (HKG:1508) It Looks Like You'll Get What You Pay For
Jul 21Investors 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 24
China 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¥190.1B) exceed its short term liabilities (CN¥66.9B).
Long Term Liabilities: 1508's short term assets (CN¥190.1B) do not cover its long term liabilities (CN¥300.1B).
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 42.3% to 67.5% over the past 5 years.
Debt Coverage: 1508's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1508's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 15:15 |
| End of Day Share Price | 2025/02/07 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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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 Github.
Analyst Sources
China Reinsurance (Group) Corporation is covered by 15 analysts. 3 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 |
|---|---|
| Gigi Chen | BofA Global Research |
| Louis Liu | China Galaxy International Securities (Hong Kong) |
| Qingqing Mao | China International Capital Corporation Limited |