China SCE Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China SCE Group Holdings has a total shareholder equity of CN¥15.1B and total debt of CN¥36.5B, which brings its debt-to-equity ratio to 241.8%. Its total assets and total liabilities are CN¥143.5B and CN¥128.4B respectively. China SCE Group Holdings's EBIT is CN¥3.2B making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥3.5B.
Key information
241.8%
Debt to equity ratio
CN¥36.52b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥3.49b |
| Equity | CN¥15.10b |
| Total liabilities | CN¥128.40b |
| Total assets | CN¥143.51b |
Recent financial health updates
These 4 Measures Indicate That China SCE Group Holdings (HKG:1966) Is Using Debt Extensively
Sep 10
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
These 4 Measures Indicate That China SCE Group Holdings (HKG:1966) Is Using Debt Extensively
Sep 10China 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 25
Is 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¥101.6B) do not cover its short term liabilities (CN¥115.0B).
Long Term Liabilities: 1966's short term assets (CN¥101.6B) exceed its long term liabilities (CN¥13.4B).
Debt to Equity History and Analysis
Debt Level: 1966's net debt to equity ratio (218.7%) is considered high.
Reducing Debt: 1966's debt to equity ratio has increased from 176.3% to 241.8% over the past 5 years.
Debt Coverage: 1966's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1966's interest payments on its debt are not well covered by EBIT (1.7x coverage).