Perennial Energy Holdings Limited

SEHK:2798 Stock Report

Market Cap: HK$1.5b

Perennial Energy Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Perennial Energy Holdings has a total shareholder equity of CN¥2.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are CN¥4.3B and CN¥1.9B respectively. Perennial Energy Holdings's EBIT is CN¥668.8M making its interest coverage ratio 24.8. It has cash and short-term investments of CN¥237.6M.

Key information

52.1%

Debt to equity ratio

CN¥1.27b

Debt

Interest coverage ratio24.8x
CashCN¥237.59m
EquityCN¥2.43b
Total liabilitiesCN¥1.91b
Total assetsCN¥4.35b

Recent financial health updates

Recent updates

Perennial Energy Holdings Limited (HKG:2798) Doing What It Can To Lift Shares

Jan 04
Perennial Energy Holdings Limited (HKG:2798) Doing What It Can To Lift Shares

We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt

Sep 06
We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt

Perennial Energy Holdings (HKG:2798) Could Be Struggling To Allocate Capital

Aug 10
Perennial Energy Holdings (HKG:2798) Could Be Struggling To Allocate Capital

Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

Jun 01
Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125

A Look At The Intrinsic Value Of Perennial Energy Holdings Limited (HKG:2798)

Apr 20
A Look At The Intrinsic Value Of Perennial Energy Holdings Limited (HKG:2798)

Perennial Energy Holdings (HKG:2798) Is Reinvesting At Lower Rates Of Return

Mar 21
Perennial Energy Holdings (HKG:2798) Is Reinvesting At Lower Rates Of Return

Perennial Energy Holdings (HKG:2798) Will Be Hoping To Turn Its Returns On Capital Around

Dec 10
Perennial Energy Holdings (HKG:2798) Will Be Hoping To Turn Its Returns On Capital Around

Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Oct 28
Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Many Would Be Envious Of Perennial Energy Holdings' (HKG:2798) Excellent Returns On Capital

Aug 02
Many Would Be Envious Of Perennial Energy Holdings' (HKG:2798) Excellent Returns On Capital

Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Jun 18
Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

May 27
Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Has Affirmed Its Dividend Of HK$0.037

May 12
Perennial Energy Holdings (HKG:2798) Has Affirmed Its Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Will Pay A Dividend Of HK$0.037

Apr 27
Perennial Energy Holdings (HKG:2798) Will Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Mar 28
Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037

Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Nov 23
Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet

Here's What's Concerning About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Sep 10
Here's What's Concerning About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Apr 30
Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?

Some Investors May Be Worried About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Apr 12
Some Investors May Be Worried About Perennial Energy Holdings' (HKG:2798) Returns On Capital

Are Strong Financial Prospects The Force That Is Driving The Momentum In Perennial Energy Holdings Limited's HKG:2798) Stock?

Feb 15
Are Strong Financial Prospects The Force That Is Driving The Momentum In Perennial Energy Holdings Limited's HKG:2798) Stock?

Is There More To The Story Than Perennial Energy Holdings's (HKG:2798) Earnings Growth?

Jan 04
Is There More To The Story Than Perennial Energy Holdings's (HKG:2798) Earnings Growth?

The Perennial Energy Holdings (HKG:2798) Share Price Has Gained 288%, So Why Not Pay It Some Attention?

Dec 14
The Perennial Energy Holdings (HKG:2798) Share Price Has Gained 288%, So Why Not Pay It Some Attention?

Returns On Capital At Perennial Energy Holdings (HKG:2798) Paint An Interesting Picture

Nov 26
Returns On Capital At Perennial Energy Holdings (HKG:2798) Paint An Interesting Picture

Financial Position Analysis

Short Term Liabilities: 2798's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.8B).

Long Term Liabilities: 2798's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥75.3M).


Debt to Equity History and Analysis

Debt Level: 2798's net debt to equity ratio (42.3%) is considered high.

Reducing Debt: 2798's debt to equity ratio has increased from 48.1% to 52.1% over the past 5 years.

Debt Coverage: 2798's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2798's interest payments on its debt are well covered by EBIT (24.8x coverage).


Balance Sheet


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