CITIC Resources Holdings Limited

OTCPK:CTJH.Y Stock Report

Market Cap: US$414.4m

CITIC Resources Holdings Balance Sheet Health

Financial Health criteria checks 6/6

CITIC Resources Holdings has a total shareholder equity of HK$7.9B and total debt of HK$1.4B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are HK$13.1B and HK$5.1B respectively. CITIC Resources Holdings's EBIT is HK$763.7M making its interest coverage ratio 20.2. It has cash and short-term investments of HK$1.2B.

Key information

17.1%

Debt to equity ratio

HK$1.36b

Debt

Interest coverage ratio20.2x
CashHK$1.22b
EquityHK$7.93b
Total liabilitiesHK$5.15b
Total assetsHK$13.07b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CTJH.Y's short term assets (HK$3.8B) exceed its short term liabilities (HK$2.9B).

Long Term Liabilities: CTJH.Y's short term assets (HK$3.8B) exceed its long term liabilities (HK$2.2B).


Debt to Equity History and Analysis

Debt Level: CTJH.Y's net debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: CTJH.Y's debt to equity ratio has reduced from 90.3% to 17.1% over the past 5 years.

Debt Coverage: CTJH.Y's debt is well covered by operating cash flow (78.5%).

Interest Coverage: CTJH.Y's interest payments on its debt are well covered by EBIT (20.2x coverage).


Balance Sheet


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