Shanghai Construction Group Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Construction Group has a total shareholder equity of CN¥51.5B and total debt of CN¥84.6B, which brings its debt-to-equity ratio to 164.2%. Its total assets and total liabilities are CN¥362.3B and CN¥310.7B respectively. Shanghai Construction Group's EBIT is CN¥4.6B making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥80.2B.
Key information
164.2%
Debt to equity ratio
CN¥84.62b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥80.21b |
| Equity | CN¥51.53b |
| Total liabilities | CN¥310.74b |
| Total assets | CN¥362.27b |
Recent financial health updates
Recent updates
Shanghai Construction Group's (SHSE:600170) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 06
Shanghai Construction Group's (SHSE:600170) Returns On Capital Not Reflecting Well On The Business
Oct 30Shanghai Construction Group Co., Ltd. (SHSE:600170) Shares Could Be 48% Below Their Intrinsic Value Estimate
Oct 13A Piece Of The Puzzle Missing From Shanghai Construction Group Co., Ltd.'s (SHSE:600170) Share Price
Sep 25These 4 Measures Indicate That Shanghai Construction Group (SHSE:600170) Is Using Debt Extensively
Aug 07Shanghai Construction Group (SHSE:600170) Will Want To Turn Around Its Return Trends
Jul 15We Like The Quality Of Shanghai Construction Group's (SHSE:600170) Earnings
Apr 29Shanghai Construction Group Co., Ltd. (SHSE:600170) Could Be Riskier Than It Looks
Apr 22Returns On Capital Signal Tricky Times Ahead For Shanghai Construction Group (SHSE:600170)
Mar 25Financial Position Analysis
Short Term Liabilities: 600170's short term assets (CN¥266.6B) exceed its short term liabilities (CN¥250.1B).
Long Term Liabilities: 600170's short term assets (CN¥266.6B) exceed its long term liabilities (CN¥60.6B).
Debt to Equity History and Analysis
Debt Level: 600170's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 600170's debt to equity ratio has increased from 144.6% to 164.2% over the past 5 years.
Debt Coverage: 600170's debt is not well covered by operating cash flow (6%).
Interest Coverage: 600170's interest payments on its debt are not well covered by EBIT (2.6x coverage).