China Resources Land Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Land has a total shareholder equity of CN¥395.2B and total debt of CN¥310.1B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are CN¥1,216.4B and CN¥821.3B respectively. China Resources Land's EBIT is CN¥48.4B making its interest coverage ratio -31.4. It has cash and short-term investments of CN¥122.3B.
Key information
78.5%
Debt to equity ratio
CN¥310.14b
Debt
| Interest coverage ratio | -31.4x |
| Cash | CN¥122.34b |
| Equity | CN¥395.18b |
| Total liabilities | CN¥821.25b |
| Total assets | CN¥1.22t |
Recent financial health updates
No updates
Recent updates
China Resources Land Limited (HKG:1109) Surges 33% Yet Its Low P/E Is No Reason For Excitement
Sep 28
China Resources Land (HKG:1109) Is Due To Pay A Dividend Of CN¥0.219
Aug 31China Resources Land Limited's (HKG:1109) Shares Lagging The Market But So Is The Business
Aug 09Solid Earnings May Not Tell The Whole Story For China Resources Land (HKG:1109)
May 03Insufficient Growth At China Resources Land Limited (HKG:1109) Hampers Share Price
Apr 29An Intrinsic Calculation For China Resources Land Limited (HKG:1109) Suggests It's 24% Undervalued
Mar 07Insufficient Growth At China Resources Land Limited (HKG:1109) Hampers Share Price
Jan 09Financial Position Analysis
Short Term Liabilities: 1109's short term assets (CN¥802.7B) exceed its short term liabilities (CN¥586.9B).
Long Term Liabilities: 1109's short term assets (CN¥802.7B) exceed its long term liabilities (CN¥234.3B).
Debt to Equity History and Analysis
Debt Level: 1109's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: 1109's debt to equity ratio has reduced from 86.9% to 78.5% over the past 5 years.
Debt Coverage: 1109's debt is not well covered by operating cash flow (4%).
Interest Coverage: 1109 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Resources Land Limited is covered by 56 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yunting Luo | Barclays |
| Frank Chen | BNP Paribas Securities (Asia) |
| Yusheng Liu | BOCI Research Ltd. |