China SCE Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China SCE Group Holdings has a total shareholder equity of CN¥20.5B and total debt of CN¥35.9B, which brings its debt-to-equity ratio to 175.3%. Its total assets and total liabilities are CN¥167.9B and CN¥147.4B respectively. China SCE Group Holdings's EBIT is CN¥118.4M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥5.2B.
Key information
175.3%
Debt to equity ratio
CN¥35.91b
Debt
Interest coverage ratio | 0.08x |
Cash | CN¥5.23b |
Equity | CN¥20.48b |
Total liabilities | CN¥147.41b |
Total assets | CN¥167.89b |
Recent financial health updates
China SCE Group Holdings (HKG:1966) Seems To Be Using A Lot Of Debt
Mar 28Is China SCE Group Holdings (HKG:1966) A Risky Investment?
Oct 06China SCE Group Holdings (HKG:1966) Has A Somewhat Strained Balance Sheet
Jun 22China SCE Group Holdings (HKG:1966) Has No Shortage Of Debt
Dec 06Here's Why China SCE Group Holdings (HKG:1966) Has A Meaningful Debt Burden
Apr 15Recent updates
China SCE Group Holdings (HKG:1966) Seems To Be Using A Lot Of Debt
Mar 28Is China SCE Group Holdings (HKG:1966) A Risky Investment?
Oct 06China SCE Group Holdings (HKG:1966) Has A Somewhat Strained Balance Sheet
Jun 22Some Analysts Just Cut Their China SCE Group Holdings Limited (HKG:1966) Estimates
May 11China SCE Group Holdings Limited (HKG:1966) Analysts Just Slashed This Year's Estimates
Apr 06At HK$0.74, Is China SCE Group Holdings Limited (HKG:1966) Worth Looking At Closely?
Mar 29China SCE Group Holdings (HKG:1966) Has No Shortage Of Debt
Dec 06China SCE Group Holdings Limited (HKG:1966) Analysts Just Slashed This Year's Estimates
Apr 04Should You Think About Buying China SCE Group Holdings Limited (HKG:1966) Now?
Dec 27China SCE Group Holdings' (HKG:1966) Dividend Will Be Increased To HK$0.12
Sep 14China SCE Group Holdings' (HKG:1966) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 29Shareholders Will Probably Be Cautious Of Increasing China SCE Group Holdings Limited's (HKG:1966) CEO Compensation At The Moment
Jun 05If You Like EPS Growth Then Check Out China SCE Group Holdings (HKG:1966) Before It's Too Late
May 19Here's Why China SCE Group Holdings (HKG:1966) Has A Meaningful Debt Burden
Apr 15Analyst Estimates: Here's What Brokers Think Of China SCE Group Holdings Limited (HKG:1966) After Its Annual Report
Apr 01Key Things To Watch Out For If You Are After China SCE Group Holdings Limited's (HKG:1966) 6.7% Dividend
Mar 29Should You Take Comfort From Insider Transactions At China SCE Group Holdings Limited (HKG:1966)?
Mar 05Did You Participate In Any Of China SCE Group Holdings' (HKG:1966) Fantastic 146% Return ?
Feb 15An Intrinsic Calculation For China SCE Group Holdings Limited (HKG:1966) Suggests It's 26% Undervalued
Jan 25Is China SCE Group Holdings Limited's (HKG:1966) Shareholder Ownership Skewed Towards Insiders?
Jan 10Is There More To The Story Than China SCE Group Holdings's (HKG:1966) Earnings Growth?
Dec 23Key Things To Watch Out For If You Are After China SCE Group Holdings Limited's (HKG:1966) 7.2% Dividend
Dec 09How Many China SCE Group Holdings Limited (HKG:1966) Shares Did Insiders Buy, In The Last Year?
Nov 27Financial Position Analysis
Short Term Liabilities: 1966's short term assets (CN¥118.7B) do not cover its short term liabilities (CN¥131.5B).
Long Term Liabilities: 1966's short term assets (CN¥118.7B) exceed its long term liabilities (CN¥15.9B).
Debt to Equity History and Analysis
Debt Level: 1966's net debt to equity ratio (149.8%) is considered high.
Reducing Debt: 1966's debt to equity ratio has reduced from 176.8% to 175.3% over the past 5 years.
Debt Coverage: 1966's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 1966's interest payments on its debt are not well covered by EBIT (0.1x coverage).