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
What 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).