China Electric Mfg Balance Sheet Health
Financial Health criteria checks 6/6
China Electric Mfg has a total shareholder equity of NT$4.4B and total debt of NT$600.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are NT$5.4B and NT$1.0B respectively. China Electric Mfg's EBIT is NT$113.0M making its interest coverage ratio -2.6. It has cash and short-term investments of NT$1.4B.
Key information
13.7%
Debt to equity ratio
NT$600.00m
Debt
| Interest coverage ratio | -2.6x |
| Cash | NT$1.41b |
| Equity | NT$4.37b |
| Total liabilities | NT$1.02b |
| Total assets | NT$5.39b |
Recent financial health updates
Is China Electric Mfg (TWSE:1611) Using Too Much Debt?
Jun 21
Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?
Mar 21Is China Electric Mfg (TPE:1611) A Risky Investment?
Dec 03
Recent updates
China Electric Mfg's (TWSE:1611) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 20Investors Will Want China Electric Mfg's (TWSE:1611) Growth In ROCE To Persist
Aug 07Is China Electric Mfg (TWSE:1611) Using Too Much Debt?
Jun 21We Think You Should Be Aware Of Some Concerning Factors In China Electric Mfg's (TWSE:1611) Earnings
Mar 19Calculating The Intrinsic Value Of China Electric Mfg. Corporation (TPE:1611)
Apr 09Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?
Mar 21Is China Electric Mfg. Corporation (TPE:1611) A Smart Choice For Dividend Investors?
Feb 23Here's Why We Don't Think China Electric Mfg's (TPE:1611) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 31Shareholders Of China Electric Mfg (TPE:1611) Must Be Happy With Their 134% Total Return
Jan 11Is China Electric Mfg (TPE:1611) A Risky Investment?
Dec 03Financial Position Analysis
Short Term Liabilities: 1611's short term assets (NT$2.2B) exceed its short term liabilities (NT$846.5M).
Long Term Liabilities: 1611's short term assets (NT$2.2B) exceed its long term liabilities (NT$173.8M).
Debt to Equity History and Analysis
Debt Level: 1611 has more cash than its total debt.
Reducing Debt: 1611's debt to equity ratio has reduced from 26.9% to 13.7% over the past 5 years.
Debt Coverage: 1611's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 1611 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 14:07 |
| End of Day Share Price | 2025/01/10 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 |
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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 Electric Mfg. Corporation is covered by 1 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 |
|---|---|
| Harikumar Sirigibattina | Virtua Research Inc. |