Chinese Estates Holdings Limited

OTCPK:CEST.F Stock Report

Market Cap: US$327.4m

Chinese Estates Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Chinese Estates Holdings has a total shareholder equity of HK$14.2B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are HK$18.5B and HK$4.3B respectively. Chinese Estates Holdings's EBIT is HK$392.7M making its interest coverage ratio 1.8. It has cash and short-term investments of HK$931.5M.

Key information

27.1%

Debt to equity ratio

HK$3.85b

Debt

Interest coverage ratio1.8x
CashHK$931.55m
EquityHK$14.24b
Total liabilitiesHK$4.31b
Total assetsHK$18.55b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CEST.F's short term assets (HK$1.6B) do not cover its short term liabilities (HK$2.5B).

Long Term Liabilities: CEST.F's short term assets (HK$1.6B) do not cover its long term liabilities (HK$1.8B).


Debt to Equity History and Analysis

Debt Level: CEST.F's net debt to equity ratio (20.5%) is considered satisfactory.

Reducing Debt: CEST.F's debt to equity ratio has reduced from 40.3% to 27.1% over the past 5 years.

Debt Coverage: CEST.F's debt is not well covered by operating cash flow (6.5%).

Interest Coverage: CEST.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


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