Shang Gong Group Balance Sheet Health
Financial Health criteria checks 3/6
Shang Gong Group has a total shareholder equity of CN¥3.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are CN¥6.6B and CN¥3.1B respectively. Shang Gong Group's EBIT is CN¥9.7M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥1.4B.
Key information
45.4%
Debt to equity ratio
CN¥1.57b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥1.39b |
| Equity | CN¥3.45b |
| Total liabilities | CN¥3.10b |
| Total assets | CN¥6.55b |
Recent financial health updates
Is Shang Gong Group (SHSE:600843) A Risky Investment?
Oct 19
These 4 Measures Indicate That Shang Gong Group (SHSE:600843) Is Using Debt Extensively
Jun 14Recent updates
Shang Gong Group (SHSE:600843) Could Be Struggling To Allocate Capital
Dec 27Shang Gong Group Co., Ltd.'s (SHSE:600843) Shares Bounce 50% But Its Business Still Trails The Industry
Oct 23Is Shang Gong Group (SHSE:600843) A Risky Investment?
Oct 19Some Investors May Be Worried About Shang Gong Group's (SHSE:600843) Returns On Capital
Sep 28Shang Gong Group Co., Ltd. (SHSE:600843) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jul 19These 4 Measures Indicate That Shang Gong Group (SHSE:600843) Is Using Debt Extensively
Jun 14There's Reason For Concern Over Shang Gong Group Co., Ltd.'s (SHSE:600843) Massive 36% Price Jump
May 20Shang Gong Group (SHSE:600843) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29The Returns On Capital At Shang Gong Group (SHSE:600843) Don't Inspire Confidence
Mar 21Some Confidence Is Lacking In Shang Gong Group Co., Ltd. (SHSE:600843) As Shares Slide 25%
Feb 28Financial Position Analysis
Short Term Liabilities: 600843's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600843's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥618.5M).
Debt to Equity History and Analysis
Debt Level: 600843's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 600843's debt to equity ratio has increased from 23.6% to 45.4% over the past 5 years.
Debt Coverage: 600843's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 600843's interest payments on its debt are not well covered by EBIT (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 02:31 |
| End of Day Share Price | 2024/12/27 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 |
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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 here.
Analysis Model and Snowflake
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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
Shang Gong Group Co., Ltd. is covered by 1 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 |
|---|---|
| Ramachandra Kamath | Virtua Research Inc. |