Shanghai Fudan Forward S&T Co., Ltd

SHSE:600624 Stock Report

Market Cap: CN¥4.2b

Shanghai Fudan Forward S&T Balance Sheet Health

Financial Health criteria checks 3/6

Shanghai Fudan Forward S&T has a total shareholder equity of CN¥811.8M and total debt of CN¥381.7M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are CN¥1.6B and CN¥755.9M respectively.

Key information

47.0%

Debt to equity ratio

CN¥381.69m

Debt

Interest coverage ration/a
CashCN¥126.22m
EquityCN¥811.81m
Total liabilitiesCN¥755.94m
Total assetsCN¥1.57b

Recent financial health updates

No updates

Recent updates

Revenues Not Telling The Story For Shanghai Fudan Forward S&T Co., Ltd (SHSE:600624) After Shares Rise 27%

Nov 25
Revenues Not Telling The Story For Shanghai Fudan Forward S&T Co., Ltd (SHSE:600624) After Shares Rise 27%

What Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) 33% Share Price Gain Is Not Telling You

Oct 01
What Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) 33% Share Price Gain Is Not Telling You

Solid Earnings May Not Tell The Whole Story For Shanghai Fudan Forward S&T (SHSE:600624)

Sep 06
Solid Earnings May Not Tell The Whole Story For Shanghai Fudan Forward S&T (SHSE:600624)

What Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) 32% Share Price Gain Is Not Telling You

Jul 24
What Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) 32% Share Price Gain Is Not Telling You

Some Confidence Is Lacking In Shanghai Fudan Forward S&T Co., Ltd (SHSE:600624) As Shares Slide 29%

Jun 06
Some Confidence Is Lacking In Shanghai Fudan Forward S&T Co., Ltd (SHSE:600624) As Shares Slide 29%

Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) Share Price Could Signal Some Risk

Feb 27
Shanghai Fudan Forward S&T Co., Ltd's (SHSE:600624) Share Price Could Signal Some Risk

Financial Position Analysis

Short Term Liabilities: 600624's short term assets (CN¥857.9M) exceed its short term liabilities (CN¥600.8M).

Long Term Liabilities: 600624's short term assets (CN¥857.9M) exceed its long term liabilities (CN¥155.1M).


Debt to Equity History and Analysis

Debt Level: 600624's net debt to equity ratio (31.5%) is considered satisfactory.

Reducing Debt: 600624's debt to equity ratio has increased from 28.9% to 47% over the past 5 years.

Debt Coverage: 600624's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 600624's interest payments on its debt are well covered by EBIT.


Balance Sheet


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