Shanghai Huayi Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Huayi Group has a total shareholder equity of CN¥27.3B and total debt of CN¥12.7B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥62.3B and CN¥35.0B respectively. Shanghai Huayi Group's EBIT is CN¥667.4M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥17.2B.
Key information
46.6%
Debt to equity ratio
CN¥12.71b
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥17.25b |
| Equity | CN¥27.30b |
| Total liabilities | CN¥34.96b |
| Total assets | CN¥62.26b |
Recent financial health updates
Shanghai Huayi Group (SHSE:600623) Seems To Use Debt Quite Sensibly
Oct 08
Does Shanghai Huayi Group (SHSE:600623) Have A Healthy Balance Sheet?
Jun 19Recent updates
Be Wary Of Shanghai Huayi Group (SHSE:600623) And Its Returns On Capital
Jan 14Shanghai Huayi Group Corporation Limited (SHSE:600623) Screens Well But There Might Be A Catch
Nov 25Shanghai Huayi Group (SHSE:600623) Seems To Use Debt Quite Sensibly
Oct 08Some Investors May Be Worried About Shanghai Huayi Group's (SHSE:600623) Returns On Capital
Aug 20Earnings Working Against Shanghai Huayi Group Corporation Limited's (SHSE:600623) Share Price
Jul 16Does Shanghai Huayi Group (SHSE:600623) Have A Healthy Balance Sheet?
Jun 19Capital Allocation Trends At Shanghai Huayi Group (SHSE:600623) Aren't Ideal
Mar 21Financial Position Analysis
Short Term Liabilities: 600623's short term assets (CN¥26.3B) exceed its short term liabilities (CN¥26.0B).
Long Term Liabilities: 600623's short term assets (CN¥26.3B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 600623 has more cash than its total debt.
Reducing Debt: 600623's debt to equity ratio has increased from 43.5% to 46.6% over the past 5 years.
Debt Coverage: 600623's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 600623 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 07:59 |
| End of Day Share Price | 2025/02/06 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Shanghai Huayi Group Corporation Limited is covered by 4 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 |
|---|---|
| Wei Liu | Haitong International Research Limited |
| Hairong Liu | Minsheng Securities Co. |
| Xixi Zhang | Tianfeng Securities Brokerage Co., Ltd |