CGN Power Balance Sheet Health
Financial Health criteria checks 2/6
CGN Power has a total shareholder equity of CN¥168.4B and total debt of CN¥203.8B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are CN¥419.2B and CN¥250.7B respectively. CGN Power's EBIT is CN¥24.4B making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥19.3B.
Key information
121.0%
Debt to equity ratio
CN¥203.80b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥19.32b |
| Equity | CN¥168.43b |
| Total liabilities | CN¥250.75b |
| Total assets | CN¥419.18b |
Recent financial health updates
Is CGN Power (HKG:1816) Using Too Much Debt?
Feb 23
Here's Why CGN Power (HKG:1816) Has A Meaningful Debt Burden
Nov 19We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
Aug 01We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
May 03Is CGN Power (HKG:1816) A Risky Investment?
Dec 19CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Sep 05Recent updates
Analysts 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 23Some Shareholders Feeling Restless Over CGN Power Co., Ltd.'s (HKG:1816) P/E Ratio
Dec 31Here's Why CGN Power (HKG:1816) Has Caught The Eye Of Investors
Dec 10Here's Why CGN Power (HKG:1816) Has A Meaningful Debt Burden
Nov 19We Like These Underlying Return On Capital Trends At CGN Power (HKG:1816)
Oct 27Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
Aug 24We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
Aug 01Returns Are Gaining Momentum At CGN Power (HKG:1816)
Jun 26We Think CGN Power (HKG:1816) Is Taking Some Risk With Its Debt
May 03CGN Power Co., Ltd. (HKG:1816) Shares Could Be 37% Below Their Intrinsic Value Estimate
Mar 18Slowing Rates Of Return At CGN Power (HKG:1816) Leave Little Room For Excitement
Feb 23Is CGN Power (HKG:1816) A Risky Investment?
Dec 19Returns At CGN Power (HKG:1816) Appear To Be Weighed Down
Nov 23CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Sep 05Investors Will Want CGN Power's (HKG:1816) Growth In ROCE To Persist
Aug 08CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
May 26CGN Power (HKG:1816) Might Have The Makings Of A Multi-Bagger
Apr 13I Built A List Of Growing Companies And CGN Power (HKG:1816) Made The Cut
Feb 28CGN Power (HKG:1816) Has A Somewhat Strained Balance Sheet
Feb 10CGN Power (HKG:1816) Might Have The Makings Of A Multi-Bagger
Jan 03Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
Nov 30Is CGN Power (HKG:1816) Using Too Much Debt?
Nov 12CGN Power's (HKG:1816) Returns On Capital Are Heading Higher
Oct 03Should You Be Adding CGN Power (HKG:1816) To Your Watchlist Today?
Aug 23These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Jul 19CGN Power (HKG:1816) Shareholders Will Want The ROCE Trajectory To Continue
Jun 17Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
May 06These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Apr 11Can CGN Power (HKG:1816) Continue To Grow Its Returns On Capital?
Mar 15CGN Power's(HKG:1816) Share Price Is Down 23% Over The Past Five Years.
Feb 17Taking A Look At CGN Power Co., Ltd.'s (HKG:1816) ROE
Jan 22These 4 Measures Indicate That CGN Power (HKG:1816) Is Using Debt Extensively
Dec 20
What We Make Of CGN Power's (HKG:1816) Returns On Capital
Nov 24Financial Position Analysis
Short Term Liabilities: 1816's short term assets (CN¥76.3B) do not cover its short term liabilities (CN¥81.1B).
Long Term Liabilities: 1816's short term assets (CN¥76.3B) do not cover its long term liabilities (CN¥169.7B).
Debt to Equity History and Analysis
Debt Level: 1816's net debt to equity ratio (109.5%) is considered high.
Reducing Debt: 1816's debt to equity ratio has reduced from 176.3% to 121% over the past 5 years.
Debt Coverage: 1816's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 1816's interest payments on its debt are well covered by EBIT (6.3x coverage).