Shanghai Zijiang Enterprise Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Zijiang Enterprise Group has a total shareholder equity of CN¥6.3B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥14.5B and CN¥8.2B respectively. Shanghai Zijiang Enterprise Group's EBIT is CN¥851.7M making its interest coverage ratio 45.5. It has cash and short-term investments of CN¥2.3B.
Key information
56.4%
Debt to equity ratio
CN¥3.57b
Debt
| Interest coverage ratio | 45.5x |
| Cash | CN¥2.33b |
| Equity | CN¥6.34b |
| Total liabilities | CN¥8.20b |
| Total assets | CN¥14.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600210's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: 600210's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600210's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: 600210's debt to equity ratio has reduced from 79% to 56.4% over the past 5 years.
Debt Coverage: 600210's debt is well covered by operating cash flow (77.1%).
Interest Coverage: 600210's interest payments on its debt are well covered by EBIT (45.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:44 |
| End of Day Share Price | 2024/12/20 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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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 Zijiang Enterprise Group Co., Ltd. is covered by 11 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 |
|---|---|
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |
| Kai Zheng | China Merchants Securities Co. Ltd. |