China BlueChemical Balance Sheet Health
Financial Health criteria checks 5/6
China BlueChemical has a total shareholder equity of CN¥19.4B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥24.3B and CN¥4.9B respectively. China BlueChemical's EBIT is CN¥1.3B making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥13.7B.
Key information
10.3%
Debt to equity ratio
CN¥2.00b
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥13.74b |
| Equity | CN¥19.41b |
| Total liabilities | CN¥4.91b |
| Total assets | CN¥24.32b |
Recent financial health updates
China BlueChemical (HKG:3983) Seems To Use Debt Rather Sparingly
Oct 19
China BlueChemical (HKG:3983) Could Easily Take On More Debt
Jun 23China BlueChemical (HKG:3983) Could Easily Take On More Debt
Sep 28China BlueChemical (HKG:3983) Could Easily Take On More Debt
Apr 28Is China BlueChemical (HKG:3983) A Risky Investment?
Dec 14Is China BlueChemical (HKG:3983) A Risky Investment?
Sep 09Recent updates
China BlueChemical (HKG:3983) Shareholders Should Be Cautious Despite Solid Earnings
May 03China BlueChemical Ltd.'s (HKG:3983) Shares Lagging The Market But So Is The Business
Feb 22A Look At The Intrinsic Value Of China BlueChemical Ltd. (HKG:3983)
Jan 22Why China BlueChemical Ltd. (HKG:3983) Could Be Worth Watching
Jan 04China BlueChemical (HKG:3983) Seems To Use Debt Rather Sparingly
Oct 19Should You Think About Buying China BlueChemical Ltd. (HKG:3983) Now?
Sep 22Should You Be Adding China BlueChemical (HKG:3983) To Your Watchlist Today?
Aug 28China BlueChemical (HKG:3983) Could Easily Take On More Debt
Jun 23China BlueChemical (HKG:3983) Is Paying Out A Larger Dividend Than Last Year
May 28China BlueChemical (HKG:3983) Ticks All The Boxes When It Comes To Earnings Growth
May 06China BlueChemical Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 20China BlueChemical's (HKG:3983) Returns On Capital Are Heading Higher
Mar 29At HK$2.08, Is It Time To Put China BlueChemical Ltd. (HKG:3983) On Your Watch List?
Jan 18There's Been No Shortage Of Growth Recently For China BlueChemical's (HKG:3983) Returns On Capital
Dec 16Why China BlueChemical Ltd. (HKG:3983) Could Be Worth Watching
Oct 19China BlueChemical (HKG:3983) Could Easily Take On More Debt
Sep 28We Like These Underlying Return On Capital Trends At China BlueChemical (HKG:3983)
Aug 24Is China BlueChemical Ltd. (HKG:3983) Potentially Undervalued?
Jul 18Here's Why China BlueChemical (HKG:3983) Has Caught The Eye Of Investors
Jun 20China BlueChemical (HKG:3983) Is Increasing Its Dividend To HK$0.18
May 30China BlueChemical (HKG:3983) Could Easily Take On More Debt
Apr 28Analysts Just Shipped A Notable Upgrade To Their China BlueChemical Ltd. (HKG:3983) Estimates
Apr 01There's Been No Shortage Of Growth Recently For China BlueChemical's (HKG:3983) Returns On Capital
Mar 05Here's Why I Think China BlueChemical (HKG:3983) Might Deserve Your Attention Today
Feb 07Is China BlueChemical (HKG:3983) A Risky Investment?
Dec 14China BlueChemical (HKG:3983) Might Have The Makings Of A Multi-Bagger
Nov 26Is There Now An Opportunity In China BlueChemical Ltd. (HKG:3983)?
Oct 19Is China BlueChemical (HKG:3983) A Risky Investment?
Sep 09A Look At The Fair Value Of China BlueChemical Ltd. (HKG:3983)
Aug 23Here's What's Concerning About China BlueChemical's (HKG:3983) Returns On Capital
Aug 05Here's Why I Think China BlueChemical (HKG:3983) Might Deserve Your Attention Today
Jul 16At HK$2.36, Is It Time To Put China BlueChemical Ltd. (HKG:3983) On Your Watch List?
Jun 28A Look At The Fair Value Of China BlueChemical Ltd. (HKG:3983)
May 24Investors Could Be Concerned With China BlueChemical's (HKG:3983) Returns On Capital
May 05Would China BlueChemical Ltd. (HKG:3983) Be Valuable To Income Investors?
Mar 23Is Now The Time To Look At Buying China BlueChemical Ltd. (HKG:3983)?
Mar 08Update: China BlueChemical (HKG:3983) Stock Gained 26% In The Last Year
Feb 22China BlueChemical Ltd. (HKG:3983) Shares Could Be 33% Above Their Intrinsic Value Estimate
Feb 07
Returns On Capital Tell Us A Lot About China BlueChemical (HKG:3983)
Jan 24Are China BlueChemical's (HKG:3983) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 07What Kind Of Shareholders Hold The Majority In China BlueChemical Ltd.'s (HKG:3983) Shares?
Dec 25Financial Position Analysis
Short Term Liabilities: 3983's short term assets (CN¥15.6B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 3983's short term assets (CN¥15.6B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3983 has more cash than its total debt.
Reducing Debt: 3983's debt to equity ratio has increased from 5.2% to 10.3% over the past 5 years.
Debt Coverage: 3983's debt is well covered by operating cash flow (77.1%).
Interest Coverage: 3983 earns more interest than it pays, so coverage of interest payments is not a concern.