China Water Industry Group Balance Sheet Health
Financial Health criteria checks 6/6
China Water Industry Group has a total shareholder equity of HK$1.5B and total debt of HK$593.3M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are HK$3.3B and HK$1.7B respectively.
Key information
38.3%
Debt to equity ratio
HK$593.31m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$154.84m |
| Equity | HK$1.55b |
| Total liabilities | HK$1.71b |
| Total assets | HK$3.26b |
Recent financial health updates
Is China Water Industry Group (HKG:1129) Using Debt In A Risky Way?
May 31
China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Oct 18These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
Oct 20These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
May 07China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Dec 18Recent updates
China Water Industry Group Limited (HKG:1129) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Dec 06China Water Industry Group Limited (HKG:1129) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Oct 15China Water Industry Group Limited's (HKG:1129) 31% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 17Is China Water Industry Group (HKG:1129) Using Debt In A Risky Way?
May 31China Water Industry Group Limited's (HKG:1129) 32% Share Price Surge Not Quite Adding Up
Apr 14Getting In Cheap On China Water Industry Group Limited (HKG:1129) Is Unlikely
Feb 29China Water Industry Group (HKG:1129) Could Be Struggling To Allocate Capital
Nov 28China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Oct 18China Water Industry Group (HKG:1129) Might Have The Makings Of A Multi-Bagger
Dec 01These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
Oct 20Returns At China Water Industry Group (HKG:1129) Are On The Way Up
Aug 20These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
May 07Is China Water Industry Group (HKG:1129) A Future Multi-bagger?
Mar 16A Look At China Water Industry Group's (HKG:1129) Share Price Returns
Jan 22China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Dec 18Is China Water Industry Group (HKG:1129) A Future Multi-bagger?
Nov 26Financial Position Analysis
Short Term Liabilities: 1129's short term assets (HK$1.2B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 1129's short term assets (HK$1.2B) exceed its long term liabilities (HK$576.6M).
Debt to Equity History and Analysis
Debt Level: 1129's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: 1129's debt to equity ratio has reduced from 50.2% to 38.3% 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: 1129 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1129 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:10 |
| End of Day Share Price | 2024/12/20 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
China Water Industry Group Limited is covered by 0 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 |
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