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
We Ran A Stock Scan For Earnings Growth And China Reinsurance (Group) (HKG:1508) Passed With Ease
Dec 03
Even 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).