Xi'an Shaangu Power Balance Sheet Health
Financial Health criteria checks 5/6
Xi'an Shaangu Power has a total shareholder equity of CN¥9.2B and total debt of CN¥4.7B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are CN¥26.0B and CN¥16.8B respectively. Xi'an Shaangu Power's EBIT is CN¥874.4M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥12.9B.
Key information
51.5%
Debt to equity ratio
CN¥4.71b
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥12.94b |
| Equity | CN¥9.16b |
| Total liabilities | CN¥16.84b |
| Total assets | CN¥26.00b |
Recent financial health updates
These 4 Measures Indicate That Xi'an Shaangu Power (SHSE:601369) Is Using Debt Safely
Sep 25
Xi'an Shaangu Power (SHSE:601369) Has A Pretty Healthy Balance Sheet
Jun 20Recent updates
There May Be Underlying Issues With The Quality Of Xi'an Shaangu Power's (SHSE:601369) Earnings
Nov 04These 4 Measures Indicate That Xi'an Shaangu Power (SHSE:601369) Is Using Debt Safely
Sep 25Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Low P/E No Reason For Excitement
Jul 16Xi'an Shaangu Power (SHSE:601369) Has A Pretty Healthy Balance Sheet
Jun 20Investors Will Want Xi'an Shaangu Power's (SHSE:601369) Growth In ROCE To Persist
May 30Concerns Surrounding Xi'an Shaangu Power's (SHSE:601369) Performance
May 06Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Apr 21Is Xi'an Shaangu Power Co., Ltd. (SHSE:601369) Worth CN¥9.7 Based On Its Intrinsic Value?
Apr 18Xi'an Shaangu Power Co., Ltd.'s (SHSE:601369) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 04Financial Position Analysis
Short Term Liabilities: 601369's short term assets (CN¥21.6B) exceed its short term liabilities (CN¥15.9B).
Long Term Liabilities: 601369's short term assets (CN¥21.6B) exceed its long term liabilities (CN¥973.9M).
Debt to Equity History and Analysis
Debt Level: 601369 has more cash than its total debt.
Reducing Debt: 601369's debt to equity ratio has increased from 15.5% to 51.5% over the past 5 years.
Debt Coverage: 601369's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 601369 earns more interest than it pays, so coverage of interest payments is not a concern.