Shanghai Material Trading Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Material Trading has a total shareholder equity of CN¥1.2B and total debt of CN¥92.3M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥2.6B and CN¥1.3B respectively. Shanghai Material Trading's EBIT is CN¥13.2M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥1.0B.
Key information
7.5%
Debt to equity ratio
CN¥92.33m
Debt
Interest coverage ratio | -0.6x |
Cash | CN¥1.01b |
Equity | CN¥1.23b |
Total liabilities | CN¥1.33b |
Total assets | CN¥2.57b |
Recent financial health updates
Recent updates
Shanghai Material Trading Co., Ltd.'s (SHSE:600822) 29% Share Price Surge Not Quite Adding Up
Nov 14We Believe That Shanghai Material Trading's (SHSE:600822) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 06These 4 Measures Indicate That Shanghai Material Trading (SHSE:600822) Is Using Debt Reasonably Well
Oct 15Solid Earnings Reflect Shanghai Material Trading's (SHSE:600822) Strength As A Business
Apr 27Subdued Growth No Barrier To Shanghai Material Trading Co., Ltd.'s (SHSE:600822) Price
Apr 15Financial Position Analysis
Short Term Liabilities: 600822's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600822's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥233.8M).
Debt to Equity History and Analysis
Debt Level: 600822 has more cash than its total debt.
Reducing Debt: 600822's debt to equity ratio has reduced from 17% to 7.5% over the past 5 years.
Debt Coverage: 600822's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600822 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/07 20:34 |
End of Day Share Price | 2025/02/07 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 * |
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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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shanghai Material Trading Co., Ltd. is covered by 0 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.