Shanghai Electric Wind Power Group Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Electric Wind Power Group has a total shareholder equity of CN¥5.7B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CN¥25.2B and CN¥19.5B respectively.
Key information
51.0%
Debt to equity ratio
CN¥2.89b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.71b |
Equity | CN¥5.67b |
Total liabilities | CN¥19.53b |
Total assets | CN¥25.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688660's short term assets (CN¥14.1B) do not cover its short term liabilities (CN¥14.9B).
Long Term Liabilities: 688660's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥4.7B).
Debt to Equity History and Analysis
Debt Level: 688660's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: 688660's debt to equity ratio has reduced from 90.2% to 51% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688660 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 688660 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.1% each year