Sichuan Road & Bridge Group Co.,Ltd

SHSE:600039 Stock Report

Market Cap: CN¥58.9b

Sichuan Road & Bridge GroupLtd Balance Sheet Health

Financial Health criteria checks 4/6

Sichuan Road & Bridge GroupLtd has a total shareholder equity of CN¥49.7B and total debt of CN¥85.4B, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are CN¥244.9B and CN¥195.2B respectively. Sichuan Road & Bridge GroupLtd's EBIT is CN¥11.1B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥19.3B.

Key information

171.9%

Debt to equity ratio

CN¥85.43b

Debt

Interest coverage ratio4.2x
CashCN¥19.28b
EquityCN¥49.69b
Total liabilitiesCN¥195.19b
Total assetsCN¥244.88b

Recent financial health updates

Recent updates

Investors Aren't Buying Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Earnings

Sep 30
Investors Aren't Buying Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Earnings

Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?

Aug 26
Is Sichuan Road & Bridge GroupLtd (SHSE:600039) Using Too Much Debt?

Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Business And Shares Still Trailing The Market

Jun 24
Sichuan Road & Bridge Group Co.,Ltd's (SHSE:600039) Business And Shares Still Trailing The Market

Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet

May 21
Sichuan Road & Bridge GroupLtd (SHSE:600039) Has A Somewhat Strained Balance Sheet

Sichuan Road & Bridge Group Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 26
Sichuan Road & Bridge Group Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Calculating The Fair Value Of Sichuan Road & Bridge Co.,Ltd (SHSE:600039)

Apr 18
Calculating The Fair Value Of Sichuan Road & Bridge Co.,Ltd (SHSE:600039)

Financial Position Analysis

Short Term Liabilities: 600039's short term assets (CN¥145.5B) exceed its short term liabilities (CN¥123.4B).

Long Term Liabilities: 600039's short term assets (CN¥145.5B) exceed its long term liabilities (CN¥71.8B).


Debt to Equity History and Analysis

Debt Level: 600039's net debt to equity ratio (133.1%) is considered high.

Reducing Debt: 600039's debt to equity ratio has reduced from 252.9% to 171.9% over the past 5 years.

Debt Coverage: 600039's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 600039's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Discover healthy companies