Shanghai Mechanical & Electrical IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Mechanical & Electrical IndustryLtd has a total shareholder equity of CN¥16.5B and total debt of CN¥61.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥37.5B and CN¥21.0B respectively. Shanghai Mechanical & Electrical IndustryLtd's EBIT is CN¥1.0B making its interest coverage ratio -2. It has cash and short-term investments of CN¥12.8B.
Key information
0.4%
Debt to equity ratio
CN¥61.26m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥12.83b |
| Equity | CN¥16.52b |
| Total liabilities | CN¥20.96b |
| Total assets | CN¥37.48b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Shanghai Mechanical & Electrical IndustryLtd (SHSE:600835)
May 03
Shanghai Mechanical & Electrical IndustryLtd (SHSE:600835) May Have Issues Allocating Its Capital
Apr 17One Analyst Just Shaved Their Shanghai Mechanical & Electrical Industry Co.,Ltd. (SHSE:600835) Forecasts Dramatically
Mar 30Shanghai Mechanical & Electrical Industry Co.,Ltd. Just Missed Revenue By 7.6%: Here's What Analysts Think Will Happen Next
Mar 27Financial Position Analysis
Short Term Liabilities: 600835's short term assets (CN¥31.0B) exceed its short term liabilities (CN¥20.6B).
Long Term Liabilities: 600835's short term assets (CN¥31.0B) exceed its long term liabilities (CN¥374.7M).
Debt to Equity History and Analysis
Debt Level: 600835 has more cash than its total debt.
Reducing Debt: 600835's debt to equity ratio has increased from 0.3% to 0.4% over the past 5 years.
Debt Coverage: 600835's debt is well covered by operating cash flow (1738.6%).
Interest Coverage: 600835 earns more interest than it pays, so coverage of interest payments is not a concern.