Chen Xing Development Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Chen Xing Development Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 175.3%. Its total assets and total liabilities are CN¥13.2B and CN¥11.6B respectively.
Key information
175.3%
Debt to equity ratio
CN¥2.86b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥203.69m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥11.57b |
| Total assets | CN¥13.20b |
Recent financial health updates
Recent updates
Is Chen Xing Development Holdings (HKG:2286) Using Too Much Debt?
Apr 26
What You Need To Know About Chen Xing Development Holdings Limited's (HKG:2286) Investor Composition
Feb 15We Wouldn't Rely On Chen Xing Development Holdings's (HKG:2286) Statutory Earnings As A Guide
Jan 04Would Shareholders Who Purchased Chen Xing Development Holdings' (HKG:2286) Stock Year Be Happy With The Share price Today?
Dec 08
Financial Position Analysis
Short Term Liabilities: 2286's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥11.4B).
Long Term Liabilities: 2286's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥128.4M).
Debt to Equity History and Analysis
Debt Level: 2286's net debt to equity ratio (162.8%) is considered high.
Reducing Debt: 2286's debt to equity ratio has increased from 71.7% to 175.3% over the past 5 years.
Debt Coverage: 2286's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2286's interest payments on its debt are well covered by EBIT.