Shanghai Hugong Electric GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Hugong Electric GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥495.5M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥2.2B and CN¥943.3M respectively.
Key information
40.03%
Debt to equity ratio
CN¥495.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.08b |
| Equity | CN¥1.24b |
| Total liabilities | CN¥943.32m |
| Total assets | CN¥2.18b |
Recent financial health updates
Shanghai Hugong Electric GroupLtd (SHSE:603131) Could Easily Take On More Debt
Mar 27
Shanghai Hugong Electric GroupLtd (SHSE:603131) Could Easily Take On More Debt
Jul 19Recent updates
Shanghai Hugong Electric GroupLtd (SHSE:603131) Could Easily Take On More Debt
Mar 27Shanghai Hugong Electric Group Co.,Ltd. (SHSE:603131) Investors Are Less Pessimistic Than Expected
Mar 03The Returns On Capital At Shanghai Hugong Electric GroupLtd (SHSE:603131) Don't Inspire Confidence
Jan 17Subdued Growth No Barrier To Shanghai Hugong Electric Group Co.,Ltd. (SHSE:603131) With Shares Advancing 26%
Nov 18Shanghai Hugong Electric GroupLtd (SHSE:603131) May Have Issues Allocating Its Capital
Sep 28There's Reason For Concern Over Shanghai Hugong Electric Group Co.,Ltd.'s (SHSE:603131) Massive 32% Price Jump
Aug 07Shanghai Hugong Electric GroupLtd (SHSE:603131) Could Easily Take On More Debt
Jul 19Shanghai Hugong Electric GroupLtd (SHSE:603131) May Have Issues Allocating Its Capital
May 22Shanghai Hugong Electric Group Co.,Ltd.'s (SHSE:603131) Popularity With Investors Under Threat As Stock Sinks 30%
Apr 16What Shanghai Hugong Electric Group Co.,Ltd.'s (SHSE:603131) P/S Is Not Telling You
Feb 27Financial Position Analysis
Short Term Liabilities: 603131's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥489.9M).
Long Term Liabilities: 603131's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥453.4M).
Debt to Equity History and Analysis
Debt Level: 603131 has more cash than its total debt.
Reducing Debt: 603131's debt to equity ratio has increased from 7.5% to 40% over the past 5 years.
Debt Coverage: 603131's debt is well covered by operating cash flow (42.4%).
Interest Coverage: Insufficient data to determine if 603131's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/30 13:50 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Shanghai Hugong Electric Group Co.,Ltd. is covered by 4 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 |
|---|---|
| Xiao Bao Liu | Everbright Securities Co. Ltd. |
| Shang Wen Cheng | Industrial Securities Co. Ltd. |
| Lujing Li | Tianfeng Securities Brokerage Co., Ltd |