Shanghai CarthaneLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai CarthaneLtd has a total shareholder equity of CN¥931.1M and total debt of CN¥100.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.2B and CN¥277.4M respectively. Shanghai CarthaneLtd's EBIT is CN¥103.1M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥219.8M.
Key information
10.8%
Debt to equity ratio
CN¥100.14m
Debt
| Interest coverage ratio | -10.7x |
| Cash | CN¥219.78m |
| Equity | CN¥931.08m |
| Total liabilities | CN¥277.39m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Shanghai CarthaneLtd (SHSE:603037) Might Deserve Your Attention Today
Dec 17
Shanghai Carthane Co.,Ltd. (SHSE:603037) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Nov 20Returns On Capital At Shanghai CarthaneLtd (SHSE:603037) Paint A Concerning Picture
Jul 01Shanghai Carthane Co.,Ltd. (SHSE:603037) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 25Earnings Not Telling The Story For Shanghai Carthane Co.,Ltd. (SHSE:603037) After Shares Rise 42%
Mar 08Financial Position Analysis
Short Term Liabilities: 603037's short term assets (CN¥749.1M) exceed its short term liabilities (CN¥254.4M).
Long Term Liabilities: 603037's short term assets (CN¥749.1M) exceed its long term liabilities (CN¥23.0M).
Debt to Equity History and Analysis
Debt Level: 603037 has more cash than its total debt.
Reducing Debt: 603037's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: 603037's debt is well covered by operating cash flow (127.6%).
Interest Coverage: 603037 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:37 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| 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
Shanghai Carthane Co.,Ltd. is covered by 0 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 |
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