Shanghai Pudong ConstructionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Pudong ConstructionLtd has a total shareholder equity of CN¥7.8B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥29.0B and CN¥21.2B respectively. Shanghai Pudong ConstructionLtd's EBIT is CN¥353.1M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥7.8B.
Key information
37.2%
Debt to equity ratio
CN¥2.89b
Debt
Interest coverage ratio | -1.6x |
Cash | CN¥7.81b |
Equity | CN¥7.76b |
Total liabilities | CN¥21.25b |
Total assets | CN¥29.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600284's short term assets (CN¥19.6B) exceed its short term liabilities (CN¥18.0B).
Long Term Liabilities: 600284's short term assets (CN¥19.6B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: 600284 has more cash than its total debt.
Reducing Debt: 600284's debt to equity ratio has increased from 10.6% to 37.2% over the past 5 years.
Debt Coverage: 600284's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 600284 earns more interest than it pays, so coverage of interest payments is not a concern.