China Merchants Commercial Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
China Merchants Commercial Real Estate Investment Trust has a total shareholder equity of CN¥4.7B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are CN¥10.3B and CN¥5.6B respectively. China Merchants Commercial Real Estate Investment Trust's EBIT is CN¥349.5M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥1.1B.
Key information
87.5%
Debt to equity ratio
CN¥4.10b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥1.07b |
| Equity | CN¥4.68b |
| Total liabilities | CN¥5.61b |
| Total assets | CN¥10.29b |
Recent financial health updates
No updates
Recent updates
What Type Of Shareholders Make Up China Merchants Commercial Real Estate Investment Trust's (HKG:1503) Share Registry?
Mar 20
China Merchants Commercial Real Estate Investment Trust's(HKG:1503) Share Price Is Down 24% Over The Past Year.
Jan 26
What Type Of Shareholders Own The Most Number of China Merchants Commercial Real Estate Investment Trust (HKG:1503) Shares?
Dec 04Financial Position Analysis
Short Term Liabilities: 1503's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥584.7M).
Long Term Liabilities: 1503's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 1503's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: 1503's debt to equity ratio has increased from 0% to 87.5% over the past 5 years.
Debt Coverage: 1503's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 1503's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 02:06 |
| End of Day Share Price | 2024/12/27 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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Industry and Sector Metrics
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Analyst Sources
China Merchants Commercial Real Estate Investment Trust is covered by 2 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 |
|---|---|
| Griffin Chan | Citigroup Inc |
| Liang He | DBS Vickers Research |