China Shipbuilding Industry Group Power Balance Sheet Health
Financial Health criteria checks 5/6
China Shipbuilding Industry Group Power has a total shareholder equity of CN¥47.6B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥100.3B and CN¥52.7B respectively. China Shipbuilding Industry Group Power's EBIT is CN¥699.3M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥28.8B.
Key information
21.4%
Debt to equity ratio
CN¥10.20b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥28.78b |
| Equity | CN¥47.60b |
| Total liabilities | CN¥52.68b |
| Total assets | CN¥100.28b |
Recent financial health updates
China Shipbuilding Industry Group Power (SHSE:600482) Could Easily Take On More Debt
Jul 04
Is China Shipbuilding Industry Group Power (SHSE:600482) Using Debt Sensibly?
Mar 26Recent updates
China Shipbuilding Industry Group Power Co., Ltd.'s (SHSE:600482) 26% Jump Shows Its Popularity With Investors
Jul 28China Shipbuilding Industry Group Power (SHSE:600482) Could Easily Take On More Debt
Jul 04Investors Still Waiting For A Pull Back In China Shipbuilding Industry Group Power Co., Ltd. (SHSE:600482)
Jun 13There Are Reasons To Feel Uneasy About China Shipbuilding Industry Group Power's (SHSE:600482) Returns On Capital
May 22Is China Shipbuilding Industry Group Power (SHSE:600482) Using Debt Sensibly?
Mar 26Financial Position Analysis
Short Term Liabilities: 600482's short term assets (CN¥74.6B) exceed its short term liabilities (CN¥40.8B).
Long Term Liabilities: 600482's short term assets (CN¥74.6B) exceed its long term liabilities (CN¥11.9B).
Debt to Equity History and Analysis
Debt Level: 600482 has more cash than its total debt.
Reducing Debt: 600482's debt to equity ratio has increased from 14.9% to 21.4% over the past 5 years.
Debt Coverage: 600482's debt is well covered by operating cash flow (61.4%).
Interest Coverage: 600482 earns more interest than it pays, so coverage of interest payments is not a concern.