Shanghai Electric Wind Power Group Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Electric Wind Power Group has a total shareholder equity of CN¥5.4B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are CN¥26.9B and CN¥21.5B respectively.
Key information
62.9%
Debt to equity ratio
CN¥3.40b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.84b |
| Equity | CN¥5.41b |
| Total liabilities | CN¥21.45b |
| Total assets | CN¥26.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688660's short term assets (CN¥15.0B) do not cover its short term liabilities (CN¥16.7B).
Long Term Liabilities: 688660's short term assets (CN¥15.0B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 688660's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 688660's debt to equity ratio has increased from 38.5% to 62.9% 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 37.4% each year