China New City Group Balance Sheet Health
Financial Health criteria checks 4/6
China New City Group has a total shareholder equity of CN¥5.2B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are CN¥13.4B and CN¥8.2B respectively. China New City Group's EBIT is CN¥1.4B making its interest coverage ratio 14.5. It has cash and short-term investments of CN¥123.7M.
Key information
64.0%
Debt to equity ratio
CN¥3.33b
Debt
| Interest coverage ratio | 14.5x |
| Cash | CN¥123.75m |
| Equity | CN¥5.20b |
| Total liabilities | CN¥8.22b |
| Total assets | CN¥13.42b |
Recent financial health updates
Is China New City Group (HKG:1321) A Risky Investment?
Dec 01
Is China New City Commercial Development (HKG:1321) Using Too Much Debt?
Aug 31Health Check: How Prudently Does China New City Commercial Development (HKG:1321) Use Debt?
Oct 07China New City Commercial Development (HKG:1321) Has Debt But No Earnings; Should You Worry?
Apr 15Is China New City Commercial Development (HKG:1321) Weighed On By Its Debt Load?
Dec 16Recent updates
Investors Continue Waiting On Sidelines For China New City Group Limited (HKG:1321)
Dec 11The Strong Earnings Posted By China New City Group (HKG:1321) Are A Good Indication Of The Strength Of The Business
Sep 18Revenues Tell The Story For China New City Group Limited (HKG:1321) As Its Stock Soars 26%
Jun 13This Is Why China New City Group Limited's (HKG:1321) CEO Compensation Looks Appropriate
May 30China New City Group Limited's (HKG:1321) Price Is Out Of Tune With Revenues
Jan 23Is China New City Group (HKG:1321) A Risky Investment?
Dec 01Is China New City Commercial Development (HKG:1321) Using Too Much Debt?
Aug 31Health Check: How Prudently Does China New City Commercial Development (HKG:1321) Use Debt?
Oct 07China New City Commercial Development (HKG:1321) Has Debt But No Earnings; Should You Worry?
Apr 15Is China New City Commercial Development (HKG:1321) Weighed On By Its Debt Load?
Dec 16Would Shareholders Who Purchased China New City Commercial Development's (HKG:1321) Stock Five Years Be Happy With The Share price Today?
Feb 19Here's Why We Don't Think China New City Commercial Development's (HKG:1321) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 29Financial Position Analysis
Short Term Liabilities: 1321's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 1321's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 1321's net debt to equity ratio (61.6%) is considered high.
Reducing Debt: 1321's debt to equity ratio has increased from 51.3% to 64% over the past 5 years.
Debt Coverage: 1321's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 1321's interest payments on its debt are well covered by EBIT (14.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 14:04 |
| End of Day Share Price | 2025/01/22 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
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Analyst Sources
China New City Group Limited is covered by 0 analysts. 0 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 |
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