Shanghai Putailai New Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Putailai New Energy TechnologyLtd has a total shareholder equity of CN¥19.6B and total debt of CN¥11.4B, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are CN¥42.9B and CN¥23.3B respectively. Shanghai Putailai New Energy TechnologyLtd's EBIT is CN¥1.5B making its interest coverage ratio 31.3. It has cash and short-term investments of CN¥9.1B.
Key information
57.9%
Debt to equity ratio
CN¥11.36b
Debt
| Interest coverage ratio | 31.3x |
| Cash | CN¥9.07b |
| Equity | CN¥19.61b |
| Total liabilities | CN¥23.28b |
| Total assets | CN¥42.90b |
Recent financial health updates
Is Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) Using Too Much Debt?
Nov 21
These 4 Measures Indicate That Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) Is Using Debt Extensively
Jul 24Recent updates
Is Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) Using Too Much Debt?
Nov 21The Market Lifts Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) Shares 25% But It Can Do More
Nov 06Fewer Investors Than Expected Jumping On Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659)
Sep 17Things Look Grim For Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) After Today's Downgrade
Aug 25These 4 Measures Indicate That Shanghai Putailai New Energy TechnologyLtd (SHSE:603659) Is Using Debt Extensively
Jul 24Returns On Capital Signal Tricky Times Ahead For Shanghai Putailai New Energy TechnologyLtd (SHSE:603659)
May 26At CN¥19.73, Is It Time To Put Shanghai Putailai New Energy Technology Co.,Ltd. (SHSE:603659) On Your Watch List?
May 06Shanghai Putailai New Energy TechnologyLtd's (SHSE:603659) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 19Shanghai Putailai New Energy Technology Co.,Ltd.'s (SHSE:603659) Shares Bounce 28% But Its Business Still Trails The Market
Apr 09Financial Position Analysis
Short Term Liabilities: 603659's short term assets (CN¥24.9B) exceed its short term liabilities (CN¥16.6B).
Long Term Liabilities: 603659's short term assets (CN¥24.9B) exceed its long term liabilities (CN¥6.6B).
Debt to Equity History and Analysis
Debt Level: 603659's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 603659's debt to equity ratio has increased from 51.5% to 57.9% over the past 5 years.
Debt Coverage: 603659's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 603659's interest payments on its debt are well covered by EBIT (31.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:24 |
| End of Day Share Price | 2024/12/19 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 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
Shanghai Putailai New Energy Technology Co.,Ltd. is covered by 26 analysts. 12 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 |
|---|---|
| Edward Leung | BofA Global Research |
| Jian Xiong Lim | CFRA Equity Research |
| Shuo Liu | China International Capital Corporation Limited |