China Petrochemical Development Balance Sheet Health
Financial Health criteria checks 2/6
China Petrochemical Development has a total shareholder equity of NT$79.3B and total debt of NT$49.4B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are NT$145.3B and NT$66.0B respectively.
Key information
62.3%
Debt to equity ratio
NT$49.41b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$10.40b |
| Equity | NT$79.28b |
| Total liabilities | NT$66.02b |
| Total assets | NT$145.29b |
Recent financial health updates
Is China Petrochemical Development (TWSE:1314) Using Too Much Debt?
Jul 05
We Think China Petrochemical Development (TPE:1314) Has A Fair Chunk Of Debt
Feb 03Recent updates
China Petrochemical Development's (TWSE:1314) Earnings Are Of Questionable Quality
Nov 21China Petrochemical Development Corporation's (TWSE:1314) Prospects Need A Boost To Lift Shares
Oct 11Is China Petrochemical Development (TWSE:1314) Using Too Much Debt?
Jul 05We Think That There Are Issues Underlying China Petrochemical Development's (TWSE:1314) Earnings
May 22Market Still Lacking Some Conviction On China Petrochemical Development Corporation (TWSE:1314)
Apr 22Should You Buy China Petrochemical Development Corporation (TPE:1314) For Its Dividend?
Mar 01We Think China Petrochemical Development (TPE:1314) Has A Fair Chunk Of Debt
Feb 03We Wouldn't Rely On China Petrochemical Development's (TPE:1314) Statutory Earnings As A Guide
Jan 12Did China Petrochemical Development's (TPE:1314) Share Price Deserve to Gain 32%?
Dec 22Know This Before Buying China Petrochemical Development Corporation (TPE:1314) For Its Dividend
Nov 30
Financial Position Analysis
Short Term Liabilities: 1314's short term assets (NT$72.0B) exceed its short term liabilities (NT$35.3B).
Long Term Liabilities: 1314's short term assets (NT$72.0B) exceed its long term liabilities (NT$30.8B).
Debt to Equity History and Analysis
Debt Level: 1314's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: 1314's debt to equity ratio has increased from 14.7% to 62.3% over the past 5 years.
Debt Coverage: 1314's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1314's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:30 |
| End of Day Share Price | 2024/12/23 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
China Petrochemical Development Corporation is covered by 5 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 |
|---|---|
| Yayue Hsueh | Capital Securities Corporation |
| Qiuxiang Lin | IBTS Investment Consulting Co., Ltd. |
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |