Chin Hsin Environ Engineering Balance Sheet Health

Financial Health criteria checks 5/6

Chin Hsin Environ Engineering has a total shareholder equity of NT$1.0B and total debt of NT$67.0M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are NT$1.5B and NT$449.4M respectively. Chin Hsin Environ Engineering's EBIT is NT$221.2M making its interest coverage ratio -105.1. It has cash and short-term investments of NT$599.9M.

Key information

6.6%

Debt to equity ratio

NT$67.00m

Debt

Interest coverage ratio	-105.1x
Cash	NT$599.88m
Equity	NT$1.02b
Total liabilities	NT$449.41m
Total assets	NT$1.47b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 6951's short term assets (NT$854.8M) exceed its short term liabilities (NT$388.5M).

Long Term Liabilities: 6951's short term assets (NT$854.8M) exceed its long term liabilities (NT$60.9M).

Debt to Equity History and Analysis

Debt Level: 6951 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 6951's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6951's debt is well covered by operating cash flow (265.6%).

Interest Coverage: 6951 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	2024/12/24 18:44
End of Day Share Price	2024/12/24 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Chin Hsin Environ Engineering Co., Ltd. is covered by 1 analysts. 1 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
Jihong Lai	Capital Securities Corporation