Shanghai STEP Electric Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai STEP Electric has a total shareholder equity of CN¥1.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are CN¥4.5B and CN¥3.0B respectively.
Key information
89.8%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥572.10m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥3.03b |
| Total assets | CN¥4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥390.0M).
Debt to Equity History and Analysis
Debt Level: 002527's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 002527's debt to equity ratio has increased from 49.9% to 89.8% 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: Whilst unprofitable 002527 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002527 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:23 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Shanghai STEP Electric Corporation is covered by 14 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 |
|---|---|
| Huimin Wu | China International Capital Corporation Limited |
| Xiaobo Xue | Citic Securities Co., Ltd. |
| Xiao Bao Liu | Everbright Securities Co. Ltd. |