Shaanxi Construction Engineering Group Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Construction Engineering Group has a total shareholder equity of CN¥41.4B and total debt of CN¥45.2B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are CN¥348.5B and CN¥307.1B respectively. Shaanxi Construction Engineering Group's EBIT is CN¥7.8B making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥20.6B.
Key information
109.0%
Debt to equity ratio
CN¥45.15b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥20.61b |
| Equity | CN¥41.40b |
| Total liabilities | CN¥307.05b |
| Total assets | CN¥348.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600248's short term assets (CN¥305.4B) exceed its short term liabilities (CN¥279.7B).
Long Term Liabilities: 600248's short term assets (CN¥305.4B) exceed its long term liabilities (CN¥27.3B).
Debt to Equity History and Analysis
Debt Level: 600248's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 600248's debt to equity ratio has increased from 64.5% to 109% over the past 5 years.
Debt Coverage: 600248's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600248's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:53 |
| End of Day Share Price | 2024/12/26 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
Shaanxi Construction Engineering Group Corporation Limited is covered by 1 analysts. 1 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 |
|---|---|
| Rongfu Bao | Tianfeng Securities Brokerage Co., Ltd |