Shanghai Tunnel Engineering Co., Ltd.

XSSC:600820 Stock Report

Market Cap: CN¥20.8b

Shanghai Tunnel Engineering Balance Sheet Health

Financial Health criteria checks 2/6

Shanghai Tunnel Engineering has a total shareholder equity of CN¥36.1B and total debt of CN¥38.5B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are CN¥160.7B and CN¥124.6B respectively. Shanghai Tunnel Engineering's EBIT is CN¥2.5B making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥19.7B.

Key information

106.7%

Debt to equity ratio

CN¥38.51b

Debt

Interest coverage ratio-1.8x
CashCN¥19.71b
EquityCN¥36.11b
Total liabilitiesCN¥124.61b
Total assetsCN¥160.72b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600820's short term assets (CN¥84.1B) do not cover its short term liabilities (CN¥92.0B).

Long Term Liabilities: 600820's short term assets (CN¥84.1B) exceed its long term liabilities (CN¥32.6B).


Debt to Equity History and Analysis

Debt Level: 600820's net debt to equity ratio (52.1%) is considered high.

Reducing Debt: 600820's debt to equity ratio has increased from 91.4% to 106.7% over the past 5 years.

Debt Coverage: 600820's debt is not well covered by operating cash flow (7.6%).

Interest Coverage: 600820 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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