Chi Cheng Enterprise Balance Sheet Health
Financial Health criteria checks 1/6
Chi Cheng Enterprise has a total shareholder equity of NT$137.3M and total debt of NT$530.8M, which brings its debt-to-equity ratio to 386.7%. Its total assets and total liabilities are NT$874.3M and NT$737.0M respectively. Chi Cheng Enterprise's EBIT is NT$39.8M making its interest coverage ratio 2.2. It has cash and short-term investments of NT$89.5M.
Key information
386.7%
Debt to equity ratio
NT$530.75m
Debt
| Interest coverage ratio | 2.2x |
| Cash | NT$89.45m |
| Equity | NT$137.27m |
| Total liabilities | NT$737.01m |
| Total assets | NT$874.28m |
Financial Position Analysis
Short Term Liabilities: 3095's short term assets (NT$324.7M) exceed its short term liabilities (NT$217.3M).
Long Term Liabilities: 3095's short term assets (NT$324.7M) do not cover its long term liabilities (NT$519.7M).
Debt to Equity History and Analysis
Debt Level: 3095's net debt to equity ratio (321.5%) is considered high.
Reducing Debt: 3095's debt to equity ratio has increased from 288.2% to 386.7% over the past 5 years.
Debt Coverage: 3095's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: 3095's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:22 |
| End of Day Share Price | 2024/12/27 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
Chi Cheng Enterprise Co., Ltd. is covered by 4 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 |
|---|---|
| Qing Rong Lin | E.Sun Securities Investment Consulting Co. Ltd. |
| John Chen | IBTS Investment Consulting Co., Ltd. |
| Claude Chih | Jih Sun Securities Investment Consulting Co., Ltd. |