China High Speed Transmission Equipment Group Balance Sheet Health
Financial Health criteria checks 3/6
China High Speed Transmission Equipment Group has a total shareholder equity of CN¥13.4B and total debt of CN¥11.4B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are CN¥44.1B and CN¥30.7B respectively. China High Speed Transmission Equipment Group's EBIT is CN¥806.2M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥6.9B.
Key information
84.8%
Debt to equity ratio
CN¥11.39b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥6.85b |
| Equity | CN¥13.43b |
| Total liabilities | CN¥30.68b |
| Total assets | CN¥44.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHST.Y's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥24.0B).
Long Term Liabilities: CHST.Y's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: CHST.Y's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: CHST.Y's debt to equity ratio has increased from 54.5% to 84.8% over the past 5 years.
Debt Coverage: CHST.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHST.Y's interest payments on its debt are not well covered by EBIT (2.1x coverage).