CGN Power Balance Sheet Health
Financial Health criteria checks 2/6
CGN Power has a total shareholder equity of CN¥170.9B and total debt of CN¥202.3B, which brings its debt-to-equity ratio to 118.4%. Its total assets and total liabilities are CN¥421.5B and CN¥250.6B respectively. CGN Power's EBIT is CN¥24.1B making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥20.8B.
Key information
118.4%
Debt to equity ratio
CN¥202.30b
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥20.75b |
| Equity | CN¥170.90b |
| Total liabilities | CN¥250.60b |
| Total assets | CN¥421.50b |
Recent financial health updates
Does CGN Power (HKG:1816) Have A Healthy Balance Sheet?
Jan 06
CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Sep 22Is CGN Power (HKG:1816) Using Too Much Debt?
Feb 23Recent updates
Does CGN Power (HKG:1816) Have A Healthy Balance Sheet?
Jan 06Returns On Capital At CGN Power (HKG:1816) Have Hit The Brakes
Nov 25CGN Power Co., Ltd.'s (HKG:1816) Shares May Have Run Too Fast Too Soon
Nov 03CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Sep 22CGN Power Co., Ltd.'s (HKG:1816) Shares May Have Run Too Fast Too Soon
Jun 12CGN Power (HKG:1816) Hasn't Managed To Accelerate Its Returns
May 21Analysts Are Updating Their CGN Power Co., Ltd. (HKG:1816) Estimates After Its Yearly Results
Mar 31Do CGN Power's (HKG:1816) Earnings Warrant Your Attention?
Mar 11Is CGN Power (HKG:1816) Using Too Much Debt?
Feb 23Financial Position Analysis
Short Term Liabilities: 1816's short term assets (CN¥78.4B) do not cover its short term liabilities (CN¥82.7B).
Long Term Liabilities: 1816's short term assets (CN¥78.4B) do not cover its long term liabilities (CN¥168.0B).
Debt to Equity History and Analysis
Debt Level: 1816's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: 1816's debt to equity ratio has reduced from 166.1% to 118.4% over the past 5 years.
Debt Coverage: 1816's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 1816's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 07:58 |
| End of Day Share Price | 2025/01/21 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
CGN Power Co., Ltd. is covered by 45 analysts. 10 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 |
|---|---|
| Sung-yan Chan | ABCI Securities Company Limited |
| King Chuen Ng | ABCI Securities Company Limited |
| Ephrem Ravi | Barclays |