SKSHU PaintLtd Balance Sheet Health
Financial Health criteria checks 2/6
SKSHU PaintLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are CN¥15.4B and CN¥12.3B respectively. SKSHU PaintLtd's EBIT is CN¥9.8M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥2.1B.
Key information
130.5%
Debt to equity ratio
CN¥4.01b
Debt
| Interest coverage ratio | 0.07x |
| Cash | CN¥2.11b |
| Equity | CN¥3.08b |
| Total liabilities | CN¥12.29b |
| Total assets | CN¥15.36b |
Recent financial health updates
Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Oct 30
Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Jun 03Recent updates
An Intrinsic Calculation For SKSHU Paint Co.,Ltd. (SHSE:603737) Suggests It's 23% Undervalued
Jan 14SKSHU Paint Co.,Ltd.'s (SHSE:603737) Share Price Could Signal Some Risk
Dec 31Capital Allocation Trends At SKSHU PaintLtd (SHSE:603737) Aren't Ideal
Nov 28Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Oct 30When Should You Buy SKSHU Paint Co.,Ltd. (SHSE:603737)?
Oct 14Revenues Not Telling The Story For SKSHU Paint Co.,Ltd. (SHSE:603737) After Shares Rise 33%
Oct 01The Returns On Capital At SKSHU PaintLtd (SHSE:603737) Don't Inspire Confidence
Aug 28SKSHU PaintLtd's (SHSE:603737) Anemic Earnings Might Be Worse Than You Think
Aug 04Revenues Working Against SKSHU Paint Co.,Ltd.'s (SHSE:603737) Share Price Following 25% Dive
Aug 02Is SKSHU PaintLtd (SHSE:603737) A Risky Investment?
Jun 03SKSHU Paint Co.,Ltd.'s (SHSE:603737) 65% Share Price Surge Not Quite Adding Up
May 21Calculating The Fair Value Of SKSHU Paint Co.,Ltd. (SHSE:603737)
May 07Things Look Grim For SKSHU Paint Co.,Ltd. (SHSE:603737) After Today's Downgrade
Apr 24Some Investors May Be Worried About SKSHU PaintLtd's (SHSE:603737) Returns On Capital
Apr 17At CN¥34.55, Is SKSHU Paint Co.,Ltd. (SHSE:603737) Worth Looking At Closely?
Mar 26Revenues Tell The Story For SKSHU Paint Co.,Ltd. (SHSE:603737)
Feb 28Financial Position Analysis
Short Term Liabilities: 603737's short term assets (CN¥8.2B) do not cover its short term liabilities (CN¥10.6B).
Long Term Liabilities: 603737's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 603737's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: 603737's debt to equity ratio has increased from 54.7% to 130.5% over the past 5 years.
Debt Coverage: 603737's debt is well covered by operating cash flow (43%).
Interest Coverage: 603737's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 09:59 |
| End of Day Share Price | 2025/01/20 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
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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 .
Analyst Sources
SKSHU Paint Co.,Ltd. is covered by 24 analysts. 13 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 |
|---|---|
| Chao Fan | Changjiang Securities Co. LTD. |
| Maoda Yang | China International Capital Corporation Limited |
| Coral Li | China International Capital Corporation Limited |