Shanghai Mechanical & Electrical Industry Co.,Ltd.

XSSC:600835 Stock Report

Market Cap: CN¥17.9b

Shanghai Mechanical & Electrical IndustryLtd Balance Sheet Health

Financial Health criteria checks 6/6

Shanghai Mechanical & Electrical IndustryLtd has a total shareholder equity of CN¥16.1B and total debt of CN¥10.2M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are CN¥36.9B and CN¥20.8B respectively. Shanghai Mechanical & Electrical IndustryLtd's EBIT is CN¥782.3M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥14.3B.

Key information

0.06%

Debt to equity ratio

CN¥10.25m

Debt

Interest coverage ratio-1.3x
CashCN¥14.28b
EquityCN¥16.14b
Total liabilitiesCN¥20.81b
Total assetsCN¥36.95b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 600835's short term assets (CN¥30.5B) exceed its short term liabilities (CN¥20.5B).

Long Term Liabilities: 600835's short term assets (CN¥30.5B) exceed its long term liabilities (CN¥360.7M).


Debt to Equity History and Analysis

Debt Level: 600835 has more cash than its total debt.

Reducing Debt: 600835's debt to equity ratio has reduced from 0.3% to 0.06% over the past 5 years.

Debt Coverage: 600835's debt is well covered by operating cash flow (9656.8%).

Interest Coverage: 600835 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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