State Grid YingdaLtd Balance Sheet Health
Financial Health criteria checks 6/6
State Grid YingdaLtd has a total shareholder equity of CN¥25.3B and total debt of CN¥6.0B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are CN¥45.1B and CN¥19.7B respectively. State Grid YingdaLtd's EBIT is CN¥2.8B making its interest coverage ratio -94.1. It has cash and short-term investments of CN¥25.4B.
Key information
23.7%
Debt to equity ratio
CN¥6.01b
Debt
| Interest coverage ratio | -94.1x |
| Cash | CN¥25.41b |
| Equity | CN¥25.34b |
| Total liabilities | CN¥19.73b |
| Total assets | CN¥45.07b |
Recent financial health updates
These 4 Measures Indicate That State Grid YingdaLtd (SHSE:600517) Is Using Debt Safely
Sep 20
Is State Grid YingdaLtd (SHSE:600517) Using Too Much Debt?
Jun 21Recent updates
State Grid YingdaLtd's (SHSE:600517) Returns On Capital Not Reflecting Well On The Business
Nov 27State Grid Yingda Co.,Ltd. (SHSE:600517) Held Back By Insufficient Growth Even After Shares Climb 29%
Oct 01These 4 Measures Indicate That State Grid YingdaLtd (SHSE:600517) Is Using Debt Safely
Sep 20Slowing Rates Of Return At State Grid YingdaLtd (SHSE:600517) Leave Little Room For Excitement
Aug 08Insufficient Growth At State Grid Yingda Co.,Ltd. (SHSE:600517) Hampers Share Price
Jul 17Is State Grid YingdaLtd (SHSE:600517) Using Too Much Debt?
Jun 21Some Investors May Be Willing To Look Past State Grid YingdaLtd's (SHSE:600517) Soft Earnings
May 06The Return Trends At State Grid YingdaLtd (SHSE:600517) Look Promising
Apr 18State Grid Yingda Co.,Ltd.'s (SHSE:600517) Business And Shares Still Trailing The Market
Mar 22Financial Position Analysis
Short Term Liabilities: 600517's short term assets (CN¥37.7B) exceed its short term liabilities (CN¥19.2B).
Long Term Liabilities: 600517's short term assets (CN¥37.7B) exceed its long term liabilities (CN¥567.4M).
Debt to Equity History and Analysis
Debt Level: 600517 has more cash than its total debt.
Reducing Debt: 600517's debt to equity ratio has reduced from 39.1% to 23.7% over the past 5 years.
Debt Coverage: 600517's debt is well covered by operating cash flow (90.1%).
Interest Coverage: 600517 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:01 |
| End of Day Share Price | 2024/12/26 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
State Grid Yingda Co.,Ltd. is covered by 19 analysts. 0 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 |
|---|---|
| Felix Lam | CCB International Securities Limited |
| Haolong Deng | Changjiang Securities Co. LTD. |
| Bo Hua Wu | Changjiang Securities Co. LTD. |