Asia Cement (China) Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Asia Cement (China) Holdings has a total shareholder equity of CN¥17.1B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥19.9B and CN¥2.9B respectively. Asia Cement (China) Holdings's EBIT is CN¥200.1M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥9.2B.
Key information
9.4%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥9.20b |
| Equity | CN¥17.07b |
| Total liabilities | CN¥2.86b |
| Total assets | CN¥19.94b |
Recent financial health updates
Asia Cement (China) Holdings (HKG:743) Has A Rock Solid Balance Sheet
Jun 06
Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Dec 30Is Asia Cement (China) Holdings (HKG:743) Using Too Much Debt?
Jul 19Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Mar 16We Think Asia Cement (China) Holdings (HKG:743) Can Manage Its Debt With Ease
Oct 12Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Jul 06Recent updates
Asia Cement (China) Holdings (HKG:743) Could Be Struggling To Allocate Capital
Aug 23Asia Cement (China) Holdings' (HKG:743) Dividend Will Be Reduced To CN¥0.1762
Jun 26Asia Cement (China) Holdings (HKG:743) Will Pay A Smaller Dividend Than Last Year
Jun 12Asia Cement (China) Holdings (HKG:743) Has A Rock Solid Balance Sheet
Jun 06Asia Cement (China) Holdings (HKG:743) May Have Issues Allocating Its Capital
Apr 06Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Dec 30Is It Too Late To Consider Buying Asia Cement (China) Holdings Corporation (HKG:743)?
Dec 10Asia Cement (China) Holdings' (HKG:743) Returns On Capital Are Heading Higher
Oct 06Is Asia Cement (China) Holdings (HKG:743) Using Too Much Debt?
Jul 19Is It Time To Consider Buying Asia Cement (China) Holdings Corporation (HKG:743)?
Jun 30Asia Cement (China) Holdings Corporation Just Missed EPS By 5.5%: Here's What Analysts Think Will Happen Next
Apr 03Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Mar 16Returns At Asia Cement (China) Holdings (HKG:743) Are On The Way Up
Feb 25Is It Too Late To Consider Buying Asia Cement (China) Holdings Corporation (HKG:743)?
Jan 11Asia Cement (China) Holdings' (HKG:743) Returns On Capital Are Heading Higher
Nov 17We Think Asia Cement (China) Holdings (HKG:743) Can Manage Its Debt With Ease
Oct 12When Should You Buy Asia Cement (China) Holdings Corporation (HKG:743)?
Sep 23Does Asia Cement (China) Holdings (HKG:743) Have A Healthy Balance Sheet?
Jul 06Asia Cement (China) Holdings' (HKG:743) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 13What Does Asia Cement (China) Holdings Corporation's (HKG:743) Share Price Indicate?
Jun 10Here's Why I Think Asia Cement (China) Holdings (HKG:743) Might Deserve Your Attention Today
May 26Asia Cement (China) Holdings Corporation's (HKG:743) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 11Returns On Capital Are Showing Encouraging Signs At Asia Cement (China) Holdings (HKG:743)
Apr 29Is Asia Cement (China) Holdings Corporation (HKG:743) Potentially Undervalued?
Mar 09Asia Cement (China) Holdings (HKG:743) Could Easily Take On More Debt
Feb 16Asia Cement (China) Holdings Corporation (HKG:743) Is An Attractive Dividend Stock - Here's Why
Feb 01
Will the Promising Trends At Asia Cement (China) Holdings (HKG:743) Continue?
Jan 19Asia Cement (China) Holdings (HKG:743) Has Rewarded Shareholders With An Exceptional 394% Total Return On Their Investment
Jan 04What Kind Of Shareholders Hold The Majority In Asia Cement (China) Holdings Corporation's (HKG:743) Shares?
Dec 22Should You Investigate Asia Cement (China) Holdings Corporation (HKG:743) At HK$7.60?
Dec 07Are Asia Cement (China) Holdings's (HKG:743) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 23Financial Position Analysis
Short Term Liabilities: 743's short term assets (CN¥10.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 743's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥635.8M).
Debt to Equity History and Analysis
Debt Level: 743 has more cash than its total debt.
Reducing Debt: 743's debt to equity ratio has reduced from 48.9% to 9.4% over the past 5 years.
Debt Coverage: 743's debt is well covered by operating cash flow (110.3%).
Interest Coverage: 743 earns more interest than it pays, so coverage of interest payments is not a concern.