Chengdu Expressway Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu Expressway has a total shareholder equity of CN¥5.5B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are CN¥9.1B and CN¥3.6B respectively. Chengdu Expressway's EBIT is CN¥812.6M making its interest coverage ratio 36.6. It has cash and short-term investments of CN¥2.2B.
Key information
46.8%
Debt to equity ratio
CN¥2.58b
Debt
| Interest coverage ratio | 36.6x |
| Cash | CN¥2.25b |
| Equity | CN¥5.52b |
| Total liabilities | CN¥3.62b |
| Total assets | CN¥9.14b |
Recent financial health updates
Recent updates
Earnings Working Against Chengdu Expressway Co., Ltd.'s (HKG:1785) Share Price
Oct 16
There Could Be A Chance Chengdu Expressway Co., Ltd.'s (HKG:1785) CEO Will Have Their Compensation Increased
May 21Does Chengdu Expressway (HKG:1785) Deserve A Spot On Your Watchlist?
Jan 03Chengdu Expressway (HKG:1785) Is Increasing Its Dividend To HK$0.15
Jun 13Chengdu Expressway (HKG:1785) Takes On Some Risk With Its Use Of Debt
May 29Chengdu Expressway's (HKG:1785) Returns On Capital Not Reflecting Well On The Business
Apr 17How Does Chengdu Expressway Co., Ltd. (HKG:1785) Fare As A Dividend Stock?
Feb 14
Should Weakness in Chengdu Expressway Co., Ltd.'s (HKG:1785) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 18We're Watching These Trends At Chengdu Expressway (HKG:1785)
Dec 19Should You Use Chengdu Expressway's (HKG:1785) Statutory Earnings To Analyse It?
Nov 28Financial Position Analysis
Short Term Liabilities: 1785's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥993.6M).
Long Term Liabilities: 1785's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 1785's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 1785's debt to equity ratio has reduced from 64.2% to 46.8% over the past 5 years.
Debt Coverage: 1785's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 1785's interest payments on its debt are well covered by EBIT (36.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 10:48 |
| End of Day Share Price | 2025/01/02 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chengdu Expressway Co., Ltd. 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 |
|---|---|
| Alexious Kuen Long Lee | CLSA |