Shanghai Construction Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Construction Group has a total shareholder equity of CN¥55.4B and total debt of CN¥85.8B, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are CN¥350.2B and CN¥294.8B respectively. Shanghai Construction Group's EBIT is CN¥5.1B making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥76.4B.
Key information
154.9%
Debt to equity ratio
CN¥85.77b
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥76.43b |
| Equity | CN¥55.39b |
| Total liabilities | CN¥294.80b |
| Total assets | CN¥350.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600170's short term assets (CN¥255.3B) exceed its short term liabilities (CN¥226.9B).
Long Term Liabilities: 600170's short term assets (CN¥255.3B) exceed its long term liabilities (CN¥67.9B).
Debt to Equity History and Analysis
Debt Level: 600170's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 600170's debt to equity ratio has increased from 128.6% to 154.9% over the past 5 years.
Debt Coverage: 600170's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 600170's interest payments on its debt are not well covered by EBIT (2.5x coverage).