Shanghai Tunnel Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Tunnel Engineering has a total shareholder equity of CN¥36.1B and total debt of CN¥38.5B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are CN¥160.7B and CN¥124.6B respectively. Shanghai Tunnel Engineering's EBIT is CN¥2.8B making its interest coverage ratio -1. It has cash and short-term investments of CN¥19.7B.
Key information
106.7%
Debt to equity ratio
CN¥38.51b
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥19.71b |
| Equity | CN¥36.11b |
| Total liabilities | CN¥124.61b |
| Total assets | CN¥160.72b |
Recent financial health updates
No updates
Recent updates
Shanghai Tunnel Engineering's (SHSE:600820) Earnings Are Of Questionable Quality
Apr 25
Shanghai Tunnel Engineering Co., Ltd. (SHSE:600820) Analysts Are Pretty Bullish On The Stock After Recent Results
Apr 22Investors Don't See Light At End Of Shanghai Tunnel Engineering Co., Ltd.'s (SHSE:600820) Tunnel
Apr 16Financial Position Analysis
Short Term Liabilities: 600820's short term assets (CN¥84.1B) do not cover its short term liabilities (CN¥92.0B).
Long Term Liabilities: 600820's short term assets (CN¥84.1B) exceed its long term liabilities (CN¥32.6B).
Debt to Equity History and Analysis
Debt Level: 600820's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: 600820's debt to equity ratio has increased from 91.4% to 106.7% over the past 5 years.
Debt Coverage: 600820's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 600820 earns more interest than it pays, so coverage of interest payments is not a concern.