China Shipbuilding Industry Group Power Balance Sheet Health
Financial Health criteria checks 5/6
China Shipbuilding Industry Group Power has a total shareholder equity of CN¥48.0B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥102.4B and CN¥54.4B respectively. China Shipbuilding Industry Group Power's EBIT is CN¥904.0M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥30.6B.
Key information
19.5%
Debt to equity ratio
CN¥9.36b
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥30.60b |
| Equity | CN¥47.98b |
| Total liabilities | CN¥54.41b |
| Total assets | CN¥102.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600482's short term assets (CN¥76.6B) exceed its short term liabilities (CN¥44.5B).
Long Term Liabilities: 600482's short term assets (CN¥76.6B) exceed its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 600482 has more cash than its total debt.
Reducing Debt: 600482's debt to equity ratio has increased from 10.3% to 19.5% over the past 5 years.
Debt Coverage: 600482's debt is well covered by operating cash flow (85.7%).
Interest Coverage: 600482 earns more interest than it pays, so coverage of interest payments is not a concern.