China Resources Land Balance Sheet Health
Financial Health criteria checks 4/6
China Resources Land has a total shareholder equity of CN¥395.2B and total debt of CN¥310.1B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are CN¥1,216.4B and CN¥821.3B respectively. China Resources Land's EBIT is CN¥48.4B making its interest coverage ratio -31.4. It has cash and short-term investments of CN¥122.3B.
Key information
78.5%
Debt to equity ratio
CN¥310.14b
Debt
| Interest coverage ratio | -31.4x |
| Cash | CN¥122.34b |
| Equity | CN¥395.18b |
| Total liabilities | CN¥821.25b |
| Total assets | CN¥1.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRBJ.F's short term assets (CN¥802.7B) exceed its short term liabilities (CN¥586.9B).
Long Term Liabilities: CRBJ.F's short term assets (CN¥802.7B) exceed its long term liabilities (CN¥234.3B).
Debt to Equity History and Analysis
Debt Level: CRBJ.F's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: CRBJ.F's debt to equity ratio has reduced from 86.9% to 78.5% over the past 5 years.
Debt Coverage: CRBJ.F's debt is not well covered by operating cash flow (4%).
Interest Coverage: CRBJ.F earns more interest than it pays, so coverage of interest payments is not a concern.