Shuangliang Eco-Energy SystemsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Shuangliang Eco-Energy SystemsLtd has a total shareholder equity of CN¥5.5B and total debt of CN¥14.4B, which brings its debt-to-equity ratio to 260.3%. Its total assets and total liabilities are CN¥31.1B and CN¥25.6B respectively.
Key information
260.3%
Debt to equity ratio
CN¥14.39b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.65b |
| Equity | CN¥5.53b |
| Total liabilities | CN¥25.57b |
| Total assets | CN¥31.10b |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Shuangliang Eco-Energy Systems Co.,Ltd's (SHSE:600481) Revenues Despite 39% Price Jump
Oct 08
Shuangliang Eco-Energy Systems Co.,Ltd (SHSE:600481) Shares Could Be 35% Above Their Intrinsic Value Estimate
Sep 24Shuangliang Eco-Energy Systems Co.,Ltd (SHSE:600481) Screens Well But There Might Be A Catch
Jul 14Shuangliang Eco-Energy SystemsLtd's (SHSE:600481) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 07Shuangliang Eco-Energy SystemsLtd (SHSE:600481) Seems To Be Using A Lot Of Debt
May 22Market Might Still Lack Some Conviction On Shuangliang Eco-Energy Systems Co.,Ltd (SHSE:600481) Even After 34% Share Price Boost
Mar 07Financial Position Analysis
Short Term Liabilities: 600481's short term assets (CN¥15.3B) do not cover its short term liabilities (CN¥20.4B).
Long Term Liabilities: 600481's short term assets (CN¥15.3B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 600481's net debt to equity ratio (121.9%) is considered high.
Reducing Debt: 600481's debt to equity ratio has increased from 20.1% to 260.3% over the past 5 years.
Debt Coverage: 600481's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: Insufficient data to determine if 600481's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:40 |
| End of Day Share Price | 2024/12/24 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shuangliang Eco-Energy Systems Co.,Ltd is covered by 11 analysts. 2 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 |
|---|---|
| Sophia Zhang | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Pengwei Hua | Citic Securities Co., Ltd. |
| Rui Wang | Everbright Securities Co. Ltd. |