Seeking Alpha

ChinaScope Fina...'s  Instablog

ChinaScope Financial
Send Message
ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
My company:
ChinaScope Financial
My blog:
ChinaScope Daily Dim Sum
  • CBUMF.PK - Net Debt Ratio Of China National Building Material Hits 434 Percent 0 comments
    Apr 15, 2013 11:17 PM | about stocks: CBUMF, HNP, HUNGF, ACH

     

    Prepared by ChinaScope Financial | Source: Tencent Finance
    • Data shows that China National Building Material Co., Ltd. (03323: HKG), Huaneng Power International Inc. (00902: HKG; 600011: SHA), and Aluminum Corp. Of China Ltd. (02600: HKG; 601600: SHA) record net debt ratios of 434 percent, 279 percent, and 218 percent, respectively - the highest among other Hong Kong listed firms.
    • Due to the fierce competition in the cement industry, China National Building Material chose to expand business scale through acquisitions funded by loans, thus increasing debts.
    • As of the end of 2012, net financing cost of China National Building Material had reached CNY 6.5 billion, up 67 percent year-on-year.
Back To ChinaScope Financial's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.