Chen Xing Development Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Chen Xing Development Holdings has a total shareholder equity of CN¥1.5B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 197.4%. Its total assets and total liabilities are CN¥9.1B and CN¥7.7B respectively. Chen Xing Development Holdings's EBIT is CN¥59.3M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥188.8M.
Key information
197.4%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥188.78m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥7.65b |
| Total assets | CN¥9.10b |
Recent financial health updates
Here's Why Chen Xing Development Holdings (HKG:2286) Is Weighed Down By Its Debt Load
Sep 06
Is Chen Xing Development Holdings (HKG:2286) Using Too Much Debt?
Apr 26Recent updates
Chen Xing Development Holdings Limited's (HKG:2286) 50% Share Price Plunge Could Signal Some Risk
Nov 25What Chen Xing Development Holdings Limited's (HKG:2286) 707% Share Price Gain Is Not Telling You
Oct 04Here's Why Chen Xing Development Holdings (HKG:2286) Is Weighed Down By Its Debt Load
Sep 06Should Shareholders Worry About Chen Xing Development Holdings Limited's (HKG:2286) CEO Compensation Package?
May 23Is Chen Xing Development Holdings (HKG:2286) Using Too Much Debt?
Apr 26What 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¥8.4B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 2286's short term assets (CN¥8.4B) exceed its long term liabilities (CN¥435.5M).
Debt to Equity History and Analysis
Debt Level: 2286's net debt to equity ratio (184.4%) is considered high.
Reducing Debt: 2286's debt to equity ratio has increased from 76.8% to 197.4% over the past 5 years.
Debt Coverage: 2286's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 2286's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 21:37 |
| End of Day Share Price | 2024/12/24 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Chen Xing Development Holdings Limited is covered by 1 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 |
|---|---|
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |