China Datang Corporation Renewable Power Balance Sheet Health
Financial Health criteria checks 3/6
China Datang Renewable Power has a total shareholder equity of CN¥38.2B and total debt of CN¥48.6B, which brings its debt-to-equity ratio to 126.9%. Its total assets and total liabilities are CN¥104.9B and CN¥66.7B respectively. China Datang Renewable Power's EBIT is CN¥5.3B making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥4.6B.
Key information
126.9%
Debt to equity ratio
CN¥48.55b
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥4.61b |
| Equity | CN¥38.24b |
| Total liabilities | CN¥66.66b |
| Total assets | CN¥104.90b |
Recent financial health updates
China Datang Corporation Renewable Power (HKG:1798) Has A Somewhat Strained Balance Sheet
Mar 06
China Datang Corporation Renewable Power (HKG:1798) Has A Somewhat Strained Balance Sheet
Aug 08Is China Datang Corporation Renewable Power (HKG:1798) Using Too Much Debt?
May 04Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Sep 18Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Jun 11Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Mar 08Recent updates
Investors Met With Slowing Returns on Capital At China Datang Corporation Renewable Power (HKG:1798)
Apr 29China Datang Corporation Renewable Power (HKG:1798) Has A Somewhat Strained Balance Sheet
Mar 06The Market Doesn't Like What It Sees From China Datang Corporation Renewable Power Co., Limited's (HKG:1798) Earnings Yet
Feb 08Here's What To Make Of China Datang Corporation Renewable Power's (HKG:1798) Decelerating Rates Of Return
Dec 15Returns On Capital At China Datang Corporation Renewable Power (HKG:1798) Have Hit The Brakes
Sep 13China Datang Corporation Renewable Power (HKG:1798) Has A Somewhat Strained Balance Sheet
Aug 08Slowing Rates Of Return At China Datang Corporation Renewable Power (HKG:1798) Leave Little Room For Excitement
May 24Is China Datang Corporation Renewable Power (HKG:1798) Using Too Much Debt?
May 04Is It Time To Consider Buying China Datang Corporation Renewable Power Co., Limited (HKG:1798)?
Mar 11There's Been No Shortage Of Growth Recently For China Datang Corporation Renewable Power's (HKG:1798) Returns On Capital
Feb 03What Does China Datang Corporation Renewable Power Co., Limited's (HKG:1798) Share Price Indicate?
Nov 25China Datang Corporation Renewable Power (HKG:1798) Might Have The Makings Of A Multi-Bagger
Oct 31Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Sep 18At HK$2.10, Is China Datang Corporation Renewable Power Co., Limited (HKG:1798) Worth Looking At Closely?
Aug 27There's Been No Shortage Of Growth Recently For China Datang Corporation Renewable Power's (HKG:1798) Returns On Capital
Aug 01Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Jun 11Should You Think About Buying China Datang Corporation Renewable Power Co., Limited (HKG:1798) Now?
May 19China Datang Corporation Renewable Power's (HKG:1798) Returns On Capital Are Heading Higher
Apr 28Here's Why China Datang Corporation Renewable Power (HKG:1798) Is Weighed Down By Its Debt Load
Mar 08Is Now The Time To Look At Buying China Datang Corporation Renewable Power Co., Limited (HKG:1798)?
Feb 15China Datang Corporation Renewable Power (HKG:1798) Shareholders Will Want The ROCE Trajectory To Continue
Jan 24These 4 Measures Indicate That China Datang Corporation Renewable Power (HKG:1798) Is Using Debt Extensively
Nov 15China Datang Corporation Renewable Power (HKG:1798) Is Looking To Continue Growing Its Returns On Capital
Oct 19What Does China Datang Corporation Renewable Power Co., Limited's (HKG:1798) Share Price Indicate?
Sep 27We Think China Datang Corporation Renewable Power's (HKG:1798) Healthy Earnings Might Be Conservative
Sep 06Is China Datang Corporation Renewable Power (HKG:1798) Using Too Much Debt?
Aug 07We Like These Underlying Return On Capital Trends At China Datang Corporation Renewable Power (HKG:1798)
Jul 12Why China Datang Corporation Renewable Power Co., Limited (HKG:1798) Could Be Worth Watching
Jun 14Is China Datang Corporation Renewable Power (HKG:1798) A Risky Investment?
May 03A Look At The Intrinsic Value Of China Datang Corporation Renewable Power Co., Limited (HKG:1798)
Apr 15Returns On Capital Are Showing Encouraging Signs At China Datang Corporation Renewable Power (HKG:1798)
Mar 28At HK$1.47, Is It Time To Put China Datang Corporation Renewable Power Co., Limited (HKG:1798) On Your Watch List?
Mar 07The China Datang Corporation Renewable Power (HKG:1798) Share Price Is Up 173% And Shareholders Are Boasting About It
Feb 14Does China Datang Corporation Renewable Power (HKG:1798) Have A Healthy Balance Sheet?
Jan 24
Financial Position Analysis
Short Term Liabilities: 1798's short term assets (CN¥26.4B) exceed its short term liabilities (CN¥18.2B).
Long Term Liabilities: 1798's short term assets (CN¥26.4B) do not cover its long term liabilities (CN¥48.4B).
Debt to Equity History and Analysis
Debt Level: 1798's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: 1798's debt to equity ratio has reduced from 237.6% to 126.9% over the past 5 years.
Debt Coverage: 1798's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 1798's interest payments on its debt are well covered by EBIT (3.2x coverage).