China Aerospace International Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Aerospace International Holdings has a total shareholder equity of HK$9.2B and total debt of HK$1.3B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are HK$14.2B and HK$5.0B respectively. China Aerospace International Holdings's EBIT is HK$76.1M making its interest coverage ratio 3.2. It has cash and short-term investments of HK$1.4B.
Key information
14.5%
Debt to equity ratio
HK$1.34b
Debt
| Interest coverage ratio | 3.2x |
| Cash | HK$1.40b |
| Equity | HK$9.21b |
| Total liabilities | HK$4.98b |
| Total assets | HK$14.19b |
Recent financial health updates
Here's Why China Aerospace International Holdings (HKG:31) Is Weighed Down By Its Debt Load
May 02
China Aerospace International Holdings (HKG:31) Seems To Use Debt Quite Sensibly
Sep 20Is China Aerospace International Holdings (HKG:31) Using Too Much Debt?
Apr 20These 4 Measures Indicate That China Aerospace International Holdings (HKG:31) Is Using Debt Extensively
Dec 17Recent updates
These Return Metrics Don't Make China Aerospace International Holdings (HKG:31) Look Too Strong
Nov 14China Aerospace International Holdings Limited (HKG:31) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Oct 02China Aerospace International Holdings (HKG:31) May Have Issues Allocating Its Capital
May 31Here's Why China Aerospace International Holdings (HKG:31) Is Weighed Down By Its Debt Load
May 02A Look At The Fair Value Of China Aerospace International Holdings Limited (HKG:31)
Mar 15China Aerospace International Holdings (HKG:31) Seems To Use Debt Quite Sensibly
Sep 20The Return Trends At China Aerospace International Holdings (HKG:31) Look Promising
Jun 12Is China Aerospace International Holdings (HKG:31) Using Too Much Debt?
Apr 20How Does China Aerospace International Holdings Limited (HKG:31) Fare As A Dividend Stock?
Mar 17What We Make Of China Aerospace International Holdings' (HKG:31) Returns On Capital
Feb 18China Aerospace International Holdings (HKG:31) Shareholders Booked A 74% Gain In The Last Year
Jan 28
Does China Aerospace International Holdings's (HKG:31) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 07These 4 Measures Indicate That China Aerospace International Holdings (HKG:31) Is Using Debt Extensively
Dec 17Should China Aerospace International Holdings Limited (HKG:31) Be Part Of Your Dividend Portfolio?
Nov 30Financial Position Analysis
Short Term Liabilities: 31's short term assets (HK$3.1B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 31's short term assets (HK$3.1B) do not cover its long term liabilities (HK$3.5B).
Debt to Equity History and Analysis
Debt Level: 31 has more cash than its total debt.
Reducing Debt: 31's debt to equity ratio has reduced from 15.8% to 14.5% over the past 5 years.
Debt Coverage: 31's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 31's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:32 |
| 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
China Aerospace International 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 |
|---|---|
| Zahoor Bhat | Virtua Research Inc. |