Shanghai Chengtou HoldingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Chengtou HoldingLtd has a total shareholder equity of CN¥21.2B and total debt of CN¥39.0B, which brings its debt-to-equity ratio to 183.8%. Its total assets and total liabilities are CN¥82.2B and CN¥61.0B respectively. Shanghai Chengtou HoldingLtd's EBIT is CN¥115.5M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥9.7B.
Key information
183.8%
Debt to equity ratio
CN¥38.96b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥9.75b |
| Equity | CN¥21.20b |
| Total liabilities | CN¥61.05b |
| Total assets | CN¥82.24b |
Recent financial health updates
Recent updates
Here's Why Shanghai Chengtou HoldingLtd (SHSE:600649) Is Weighed Down By Its Debt Load
Aug 22
Shanghai Chengtou Holding Co.,Ltd (SHSE:600649) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
May 27Shanghai Chengtou HoldingLtd's (SHSE:600649) Conservative Accounting Might Explain Soft Earnings
Apr 05There's No Escaping Shanghai Chengtou Holding Co.,Ltd's (SHSE:600649) Muted Earnings
Mar 05Financial Position Analysis
Short Term Liabilities: 600649's short term assets (CN¥65.1B) exceed its short term liabilities (CN¥26.3B).
Long Term Liabilities: 600649's short term assets (CN¥65.1B) exceed its long term liabilities (CN¥34.7B).
Debt to Equity History and Analysis
Debt Level: 600649's net debt to equity ratio (137.8%) is considered high.
Reducing Debt: 600649's debt to equity ratio has increased from 58.3% to 183.8% over the past 5 years.
Debt Coverage: 600649's debt is well covered by operating cash flow (21.6%).
Interest Coverage: 600649's interest payments on its debt are not well covered by EBIT (0.6x coverage).