Sichuan Changhong Electric Co.,Ltd.

SHSE:600839 Stock Report

Market Cap: CN¥49.0b

Sichuan Changhong ElectricLtd Balance Sheet Health

Financial Health criteria checks 5/6

Sichuan Changhong ElectricLtd has a total shareholder equity of CN¥24.4B and total debt of CN¥18.1B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are CN¥94.3B and CN¥69.9B respectively. Sichuan Changhong ElectricLtd's EBIT is CN¥1.5B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥24.5B.

Key information

74.4%

Debt to equity ratio

CN¥18.13b

Debt

Interest coverage ratio-5.8x
CashCN¥24.53b
EquityCN¥24.36b
Total liabilitiesCN¥69.92b
Total assetsCN¥94.28b

Recent financial health updates

Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Oct 07
Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Jul 05
Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Is Sichuan Changhong ElectricLtd (SHSE:600839) A Risky Investment?

Mar 20
Is Sichuan Changhong ElectricLtd (SHSE:600839) A Risky Investment?

Recent updates

The Market Doesn't Like What It Sees From Sichuan Changhong Electric Co.,Ltd.'s (SHSE:600839) Revenues Yet As Shares Tumble 28%

Nov 29
The Market Doesn't Like What It Sees From Sichuan Changhong Electric Co.,Ltd.'s (SHSE:600839) Revenues Yet As Shares Tumble 28%

Sichuan Changhong ElectricLtd's (SHSE:600839) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 01
Sichuan Changhong ElectricLtd's (SHSE:600839) Shareholders Have More To Worry About Than Only Soft Earnings

Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Oct 07
Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Sichuan Changhong ElectricLtd (SHSE:600839) Might Have The Makings Of A Multi-Bagger

Sep 16
Sichuan Changhong ElectricLtd (SHSE:600839) Might Have The Makings Of A Multi-Bagger

Getting In Cheap On Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) Is Unlikely

Aug 01
Getting In Cheap On Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) Is Unlikely

Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Jul 05
Does Sichuan Changhong ElectricLtd (SHSE:600839) Have A Healthy Balance Sheet?

Sichuan Changhong ElectricLtd's (SHSE:600839) Returns On Capital Are Heading Higher

Jun 13
Sichuan Changhong ElectricLtd's (SHSE:600839) Returns On Capital Are Heading Higher

Sichuan Changhong ElectricLtd's (SHSE:600839) Earnings Are Weaker Than They Seem

May 02
Sichuan Changhong ElectricLtd's (SHSE:600839) Earnings Are Weaker Than They Seem

Pinning Down Sichuan Changhong Electric Co.,Ltd.'s (SHSE:600839) P/E Is Difficult Right Now

Apr 16
Pinning Down Sichuan Changhong Electric Co.,Ltd.'s (SHSE:600839) P/E Is Difficult Right Now

Is Sichuan Changhong ElectricLtd (SHSE:600839) A Risky Investment?

Mar 20
Is Sichuan Changhong ElectricLtd (SHSE:600839) A Risky Investment?

The Return Trends At Sichuan Changhong ElectricLtd (SHSE:600839) Look Promising

Feb 28
The Return Trends At Sichuan Changhong ElectricLtd (SHSE:600839) Look Promising

Financial Position Analysis

Short Term Liabilities: 600839's short term assets (CN¥68.4B) exceed its short term liabilities (CN¥65.6B).

Long Term Liabilities: 600839's short term assets (CN¥68.4B) exceed its long term liabilities (CN¥4.3B).

Debt to Equity History and Analysis

Debt Level: 600839 has more cash than its total debt.

Reducing Debt: 600839's debt to equity ratio has reduced from 87.8% to 74.4% over the past 5 years.

Debt Coverage: 600839's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: 600839 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Sichuan Changhong Electric Co.,Ltd. is covered by 9 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.

AnalystInstitution
Junfang GaoAvic Securities Co., Ltd
Chen HeChasing Securities
Wei HeChina International Capital Corporation Limited