China City Infrastructure Group Balance Sheet Health
Financial Health criteria checks 4/6
China City Infrastructure Group has a total shareholder equity of HK$656.4M and total debt of HK$344.3M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are HK$1.2B and HK$573.4M respectively.
Key information
52.4%
Debt to equity ratio
HK$344.26m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$12.57m |
| Equity | HK$656.40m |
| Total liabilities | HK$573.44m |
| Total assets | HK$1.23b |
Recent financial health updates
Is China City Infrastructure Group (HKG:2349) Weighed On By Its Debt Load?
Dec 29
China City Infrastructure Group (HKG:2349) Has Debt But No Earnings; Should You Worry?
Sep 12China City Infrastructure Group (HKG:2349) Has Debt But No Earnings; Should You Worry?
Sep 07Is China City Infrastructure Group (HKG:2349) Weighed On By Its Debt Load?
Apr 01Recent updates
Is China City Infrastructure Group (HKG:2349) Weighed On By Its Debt Load?
Dec 29China City Infrastructure Group (HKG:2349) Has Debt But No Earnings; Should You Worry?
Sep 12China City Infrastructure Group (HKG:2349) Has Debt But No Earnings; Should You Worry?
Sep 07Is China City Infrastructure Group (HKG:2349) Weighed On By Its Debt Load?
Apr 01If You Had Bought China City Infrastructure Group's (HKG:2349) Shares Five Years Ago You Would Be Down 79%
Dec 17
Financial Position Analysis
Short Term Liabilities: 2349's short term assets (HK$160.7M) exceed its short term liabilities (HK$153.8M).
Long Term Liabilities: 2349's short term assets (HK$160.7M) do not cover its long term liabilities (HK$419.6M).
Debt to Equity History and Analysis
Debt Level: 2349's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: 2349's debt to equity ratio has reduced from 77% to 52.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 2349 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2349 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 28.8% per year.