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¥1.5B, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are CN¥6.8B and CN¥3.2B respectively. Shang Gong Group's EBIT is CN¥131.1M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.5B.
Key information
43.7%
Debt to equity ratio
CN¥1.55b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.50b |
| Equity | CN¥3.54b |
| Total liabilities | CN¥3.22b |
| Total assets | CN¥6.76b |
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
Is 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¥4.4B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 600843's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥602.2M).
Debt to Equity History and Analysis
Debt Level: 600843's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 600843's debt to equity ratio has increased from 24.9% to 43.7% over the past 5 years.
Debt Coverage: 600843's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 600843's interest payments on its debt are not well covered by EBIT (2.4x coverage).