Shanghai Hugong Electric GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Hugong Electric GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥491.3M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are CN¥2.3B and CN¥1.0B respectively. Shanghai Hugong Electric GroupLtd's EBIT is CN¥40.8M making its interest coverage ratio 20.5. It has cash and short-term investments of CN¥976.6M.
Key information
39.0%
Debt to equity ratio
CN¥491.29m
Debt
| Interest coverage ratio | 20.5x |
| Cash | CN¥976.58m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥2.28b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Shanghai Hugong Electric Group Co.,Ltd. (SHSE:603131) With Shares Advancing 26%
Nov 18
Shanghai 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¥1.8B) exceed its short term liabilities (CN¥577.3M).
Long Term Liabilities: 603131's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥447.7M).
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 4.7% to 39% over the past 5 years.
Debt Coverage: 603131's debt is well covered by operating cash flow (40.4%).
Interest Coverage: 603131's interest payments on its debt are well covered by EBIT (20.5x coverage).