China Oil And Gas Group Balance Sheet Health
Financial Health criteria checks 2/6
China Oil And Gas Group has a total shareholder equity of HK$7.4B and total debt of HK$8.0B, which brings its debt-to-equity ratio to 107.5%. Its total assets and total liabilities are HK$20.2B and HK$12.8B respectively. China Oil And Gas Group's EBIT is HK$971.5M making its interest coverage ratio 3.4. It has cash and short-term investments of HK$3.3B.
Key information
107.5%
Debt to equity ratio
HK$8.00b
Debt
| Interest coverage ratio | 3.4x |
| Cash | HK$3.29b |
| Equity | HK$7.45b |
| Total liabilities | HK$12.75b |
| Total assets | HK$20.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLSZ.F's short term assets (HK$5.8B) exceed its short term liabilities (HK$5.8B).
Long Term Liabilities: CLSZ.F's short term assets (HK$5.8B) do not cover its long term liabilities (HK$7.0B).
Debt to Equity History and Analysis
Debt Level: CLSZ.F's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: CLSZ.F's debt to equity ratio has increased from 103.3% to 107.5% over the past 5 years.
Debt Coverage: CLSZ.F's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: CLSZ.F's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/27 02:46 |
| End of Day Share Price | 2024/08/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
China Oil And Gas Group Limited is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Yao | BOCI Research Ltd. |
| Eric Cheng | Deutsche Bank |
| Holly Hou | Everbright Securities International (HK) Limited (“EBSIHK”) |