Concord New Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Concord New Energy Group has a total shareholder equity of CN¥8.8B and total debt of CN¥18.0B, which brings its debt-to-equity ratio to 205.2%. Its total assets and total liabilities are CN¥32.4B and CN¥23.6B respectively. Concord New Energy Group's EBIT is CN¥1.0B making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥2.9B.
Key information
205.2%
Debt to equity ratio
CN¥18.00b
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥2.90b |
| Equity | CN¥8.78b |
| Total liabilities | CN¥23.59b |
| Total assets | CN¥32.36b |
Recent financial health updates
Does Concord New Energy Group (HKG:182) Have A Healthy Balance Sheet?
May 11
Is Concord New Energy Group (HKG:182) A Risky Investment?
Jun 18These 4 Measures Indicate That Concord New Energy Group (HKG:182) Is Using Debt Extensively
Sep 23Is Concord New Energy Group (HKG:182) A Risky Investment?
May 12Here's Why Concord New Energy Group (HKG:182) Is Weighed Down By Its Debt Load
Nov 26Recent updates
Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 87% Above Its Share Price
Aug 27Increases to CEO Compensation Might Be Put On Hold For Now at Concord New Energy Group Limited (HKG:182)
May 31We Think You Should Be Aware Of Some Concerning Factors In Concord New Energy Group's (HKG:182) Earnings
Apr 29Does Concord New Energy Group (HKG:182) Have A Healthy Balance Sheet?
May 11Estimating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)
Feb 28Is Concord New Energy Group (HKG:182) A Risky Investment?
Jun 18I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut
Apr 28Returns Are Gaining Momentum At Concord New Energy Group (HKG:182)
Apr 07Is Concord New Energy Group Limited (HKG:182) Trading At A 37% Discount?
Mar 15A Look At The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)
Nov 02These 4 Measures Indicate That Concord New Energy Group (HKG:182) Is Using Debt Extensively
Sep 23Concord New Energy Group (HKG:182) Might Have The Makings Of A Multi-Bagger
Aug 25I Built A List Of Growing Companies And Concord New Energy Group (HKG:182) Made The Cut
Jun 11Concord New Energy Group Limited's (HKG:182) Intrinsic Value Is Potentially 69% Above Its Share Price
May 27Is Concord New Energy Group (HKG:182) A Risky Investment?
May 12Slowing Rates Of Return At Concord New Energy Group (HKG:182) Leave Little Room For Excitement
Mar 28Concord New Energy Group Limited (HKG:182) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 13Is Now The Time To Put Concord New Energy Group (HKG:182) On Your Watchlist?
Mar 10Calculating The Intrinsic Value Of Concord New Energy Group Limited (HKG:182)
Feb 12Shareholders Of Concord New Energy Group (HKG:182) Must Be Happy With Their 109% Total Return
Jan 25Is It Too Late To Consider Buying Concord New Energy Group Limited (HKG:182)?
Jan 10
We're Watching These Trends At Concord New Energy Group (HKG:182)
Dec 26Do Institutions Own Concord New Energy Group Limited (HKG:182) Shares?
Dec 11Here's Why Concord New Energy Group (HKG:182) Is Weighed Down By Its Debt Load
Nov 26Financial Position Analysis
Short Term Liabilities: 182's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 182's short term assets (CN¥6.8B) do not cover its long term liabilities (CN¥17.0B).
Debt to Equity History and Analysis
Debt Level: 182's net debt to equity ratio (172.1%) is considered high.
Reducing Debt: 182's debt to equity ratio has increased from 156.5% to 205.2% over the past 5 years.
Debt Coverage: 182's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 182's interest payments on its debt are not well covered by EBIT (1.6x coverage).