Chinese Maritime Transport Ltd.

TWSE:2612 Stock Report

Market Cap: NT$7.9b

Chinese Maritime Transport Balance Sheet Health

Financial Health criteria checks 0/6

Chinese Maritime Transport has a total shareholder equity of NT$12.7B and total debt of NT$12.9B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are NT$26.8B and NT$14.1B respectively. Chinese Maritime Transport's EBIT is NT$585.6M making its interest coverage ratio 1.9. It has cash and short-term investments of NT$4.9B.

Key information

101.6%

Debt to equity ratio

NT$12.91b

Debt

Interest coverage ratio1.9x
CashNT$4.90b
EquityNT$12.71b
Total liabilitiesNT$14.10b
Total assetsNT$26.81b

Recent financial health updates

We Think Chinese Maritime Transport (TPE:2612) Is Taking Some Risk With Its Debt

Feb 09
We Think Chinese Maritime Transport (TPE:2612) Is Taking Some Risk With Its Debt

Recent updates

Chinese Maritime Transport's (TWSE:2612) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 21
Chinese Maritime Transport's (TWSE:2612) Shareholders Have More To Worry About Than Only Soft Earnings

Market Cool On Chinese Maritime Transport Ltd.'s (TWSE:2612) Earnings

Sep 30
Market Cool On Chinese Maritime Transport Ltd.'s (TWSE:2612) Earnings

Chinese Maritime Transport's (TWSE:2612) Dividend Is Being Reduced To NT$1.00

Jul 04
Chinese Maritime Transport's (TWSE:2612) Dividend Is Being Reduced To NT$1.00

Chinese Maritime Transport (TWSE:2612) Will Pay A Smaller Dividend Than Last Year

Jun 20
Chinese Maritime Transport (TWSE:2612) Will Pay A Smaller Dividend Than Last Year

Should You Investigate Chinese Maritime Transport Ltd. (TWSE:2612) At NT$50.10?

May 13
Should You Investigate Chinese Maritime Transport Ltd. (TWSE:2612) At NT$50.10?

Chinese Maritime Transport's (TWSE:2612) Anemic Earnings Might Be Worse Than You Think

Mar 23
Chinese Maritime Transport's (TWSE:2612) Anemic Earnings Might Be Worse Than You Think

Chinese Maritime Transport (TPE:2612) Will Be Hoping To Turn Its Returns On Capital Around

Apr 08
Chinese Maritime Transport (TPE:2612) Will Be Hoping To Turn Its Returns On Capital Around

Does Chinese Maritime Transport's (TPE:2612) Share Price Gain of 91% Match Its Business Performance?

Mar 18
Does Chinese Maritime Transport's (TPE:2612) Share Price Gain of 91% Match Its Business Performance?

We Think Chinese Maritime Transport (TPE:2612) Is Taking Some Risk With Its Debt

Feb 09
We Think Chinese Maritime Transport (TPE:2612) Is Taking Some Risk With Its Debt

Should You Or Shouldn't You: A Dividend Analysis on Chinese Maritime Transport Ltd. (TPE:2612)

Jan 22
Should You Or Shouldn't You: A Dividend Analysis on Chinese Maritime Transport Ltd. (TPE:2612)

Should You Be Worried About Chinese Maritime Transport's (TPE:2612) Returns On Capital?

Jan 05
Should You Be Worried About Chinese Maritime Transport's (TPE:2612) Returns On Capital?

Did You Participate In Any Of Chinese Maritime Transport's (TPE:2612) Respectable 49% Return?

Dec 18
Did You Participate In Any Of Chinese Maritime Transport's (TPE:2612) Respectable 49% Return?

We're Not So Sure You Should Rely on Chinese Maritime Transport's (TPE:2612) Statutory Earnings

Dec 02
We're Not So Sure You Should Rely on Chinese Maritime Transport's (TPE:2612) Statutory Earnings

Financial Position Analysis

Short Term Liabilities: 2612's short term assets (NT$5.6B) do not cover its short term liabilities (NT$7.0B).

Long Term Liabilities: 2612's short term assets (NT$5.6B) do not cover its long term liabilities (NT$7.1B).

Debt to Equity History and Analysis

Debt Level: 2612's net debt to equity ratio (63.1%) is considered high.

Reducing Debt: 2612's debt to equity ratio has increased from 85.9% to 101.6% over the past 5 years.

Debt Coverage: 2612's debt is not well covered by operating cash flow (12%).

Interest Coverage: 2612's interest payments on its debt are not well covered by EBIT (1.9x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 11:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Chinese Maritime Transport Ltd. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yayue HsuehCapital Securities Corporation
E.Shin KuoE.Sun Securities Investment Consulting Co. Ltd.
Kevin SunIBTS Investment Consulting Co., Ltd.