China Taiping Insurance Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Taiping Insurance Holdings has a total shareholder equity of HK$132.3B and total debt of HK$122.3B, which brings its debt-to-equity ratio to 92.4%. Its total assets and total liabilities are HK$1,640.4B and HK$1,508.0B respectively. China Taiping Insurance Holdings's EBIT is HK$26.3B making its interest coverage ratio 6.7. It has cash and short-term investments of HK$496.7B.
Key information
92.4%
Debt to equity ratio
HK$122.30b
Debt
| Interest coverage ratio | 6.7x |
| Cash | HK$496.68b |
| Equity | HK$132.32b |
| Total liabilities | HK$1.51t |
| Total assets | HK$1.64t |
Recent financial health updates
No updates
Recent updates
Further Upside For China Taiping Insurance Holdings Company Limited (HKG:966) Shares Could Introduce Price Risks After 27% Bounce
Aug 28
China Taiping Insurance Holdings' (HKG:966) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 28China Taiping Insurance Holdings Company Limited's (HKG:966) Shares Leap 29% Yet They're Still Not Telling The Full Story
May 13China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.30
Apr 01China Taiping Insurance Holdings Company Limited's (HKG:966) Subdued P/E Might Signal An Opportunity
Jan 18China Taiping Insurance Holdings (HKG:966) Is Reducing Its Dividend To HK$0.26
Jul 03China Taiping Insurance Holdings (HKG:966) Will Pay A Smaller Dividend Than Last Year
Jun 01China Taiping Insurance Holdings (HKG:966) Is Paying Out A Larger Dividend Than Last Year
Jun 10China Taiping Insurance Holdings' (HKG:966) Upcoming Dividend Will Be Larger Than Last Year's
May 18China Taiping Insurance Holdings' (HKG:966) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28China Taiping Insurance Holdings (HKG:966) Is Increasing Its Dividend To HK$0.46
Apr 07Would China Taiping Insurance Holdings Company Limited (HKG:966) Be Valuable To Income Investors?
Mar 26If You Had Bought China Taiping Insurance Holdings' (HKG:966) Shares Three Years Ago You Would Be Down 55%
Jan 27
Financial Position Analysis
Short Term Liabilities: 966's short term assets (HK$574.3B) exceed its short term liabilities (HK$172.3B).
Long Term Liabilities: 966's short term assets (HK$574.3B) do not cover its long term liabilities (HK$1,335.7B).
Debt to Equity History and Analysis
Debt Level: 966 has more cash than its total debt.
Reducing Debt: 966's debt to equity ratio has increased from 65.1% to 92.4% over the past 5 years.
Debt Coverage: 966's debt is well covered by operating cash flow (92.5%).
Interest Coverage: 966's interest payments on its debt are well covered by EBIT (6.7x coverage).