Shanghai Sinotec Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Sinotec has a total shareholder equity of CN¥1.3B and total debt of CN¥509.8M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are CN¥2.2B and CN¥882.7M respectively. Shanghai Sinotec's EBIT is CN¥94.0M making its interest coverage ratio -74.6. It has cash and short-term investments of CN¥357.5M.
Key information
38.5%
Debt to equity ratio
CN¥509.82m
Debt
| Interest coverage ratio | -74.6x |
| Cash | CN¥357.50m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥882.70m |
| Total assets | CN¥2.21b |
Recent financial health updates
No updates
Recent updates
Shanghai Sinotec Co., Ltd.'s (SHSE:603121) 34% Share Price Surge Not Quite Adding Up
Dec 05
There May Be Underlying Issues With The Quality Of Shanghai Sinotec's (SHSE:603121) Earnings
Nov 01Little Excitement Around Shanghai Sinotec Co., Ltd.'s (SHSE:603121) Earnings
Jun 07The Strong Earnings Posted By Shanghai Sinotec (SHSE:603121) Are A Good Indication Of The Strength Of The Business
May 01There's Reason For Concern Over Shanghai Sinotec Co., Ltd.'s (SHSE:603121) Massive 32% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 603121's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥462.9M).
Long Term Liabilities: 603121's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥419.8M).
Debt to Equity History and Analysis
Debt Level: 603121's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 603121's debt to equity ratio has increased from 11.4% to 38.5% over the past 5 years.
Debt Coverage: 603121's debt is well covered by operating cash flow (43.5%).
Interest Coverage: 603121 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 | 2024/12/25 15:50 |
| End of Day Share Price | 2024/12/25 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
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Analyst Sources
Shanghai Sinotec 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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