China Railway Signal & Communication Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Signal & Communication has a total shareholder equity of CN¥49.4B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are CN¥117.9B and CN¥68.5B respectively. China Railway Signal & Communication's EBIT is CN¥3.7B making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥21.2B.
Key information
6.9%
Debt to equity ratio
CN¥3.41b
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥21.22b |
| Equity | CN¥49.42b |
| Total liabilities | CN¥68.46b |
| Total assets | CN¥117.88b |
Recent financial health updates
Is China Railway Signal & Communication (HKG:3969) Using Too Much Debt?
Dec 09
China Railway Signal & Communication (HKG:3969) Has A Rock Solid Balance Sheet
Aug 16Does China Railway Signal & Communication (HKG:3969) Have A Healthy Balance Sheet?
Apr 23China Railway Signal & Communication (HKG:3969) Seems To Use Debt Rather Sparingly
Jan 02Recent updates
Is China Railway Signal & Communication (HKG:3969) Using Too Much Debt?
Dec 09Estimating The Intrinsic Value Of China Railway Signal & Communication Corporation Limited (HKG:3969)
Nov 17China Railway Signal & Communication (HKG:3969) Could Be Struggling To Allocate Capital
Oct 17Some Confidence Is Lacking In China Railway Signal & Communication Corporation Limited's (HKG:3969) P/E
Sep 26Earnings Troubles May Signal Larger Issues for China Railway Signal & Communication (HKG:3969) Shareholders
Sep 04China Railway Signal & Communication (HKG:3969) Has A Rock Solid Balance Sheet
Aug 16Some Investors May Be Worried About China Railway Signal & Communication's (HKG:3969) Returns On Capital
Jul 05China Railway Signal & Communication Corporation Limited's (HKG:3969) Shareholders Might Be Looking For Exit
May 22Does China Railway Signal & Communication (HKG:3969) Have A Healthy Balance Sheet?
Apr 23Returns On Capital Signal Tricky Times Ahead For China Railway Signal & Communication (HKG:3969)
Mar 06An Intrinsic Calculation For China Railway Signal & Communication Corporation Limited (HKG:3969) Suggests It's 47% Undervalued
Feb 13Investor Optimism Abounds China Railway Signal & Communication Corporation Limited (HKG:3969) But Growth Is Lacking
Jan 23China Railway Signal & Communication (HKG:3969) Seems To Use Debt Rather Sparingly
Jan 02Financial Position Analysis
Short Term Liabilities: 3969's short term assets (CN¥91.3B) exceed its short term liabilities (CN¥64.6B).
Long Term Liabilities: 3969's short term assets (CN¥91.3B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 3969 has more cash than its total debt.
Reducing Debt: 3969's debt to equity ratio has increased from 5% to 6.9% over the past 5 years.
Debt Coverage: 3969's debt is well covered by operating cash flow (183.8%).
Interest Coverage: 3969 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 Railway Signal & Communication Corporation Limited is covered by 28 analysts. 4 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 |
|---|---|
| Rong Li | CCB International Securities Limited |
| Zhi Yong Zhao | Changjiang Securities Co. LTD. |
| Min Zou | China Galaxy International Securities (Hong Kong) |