Shanghai Chengtou HoldingLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Chengtou HoldingLtd has a total shareholder equity of CN¥21.6B and total debt of CN¥36.0B, which brings its debt-to-equity ratio to 166.7%. Its total assets and total liabilities are CN¥78.3B and CN¥56.7B respectively. Shanghai Chengtou HoldingLtd's EBIT is CN¥611.7M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥7.2B.
Key information
166.7%
Debt to equity ratio
CN¥35.98b
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥7.21b |
Equity | CN¥21.59b |
Total liabilities | CN¥56.68b |
Total assets | CN¥78.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600649's short term assets (CN¥62.0B) exceed its short term liabilities (CN¥20.6B).
Long Term Liabilities: 600649's short term assets (CN¥62.0B) exceed its long term liabilities (CN¥36.1B).
Debt to Equity History and Analysis
Debt Level: 600649's net debt to equity ratio (133.3%) is considered high.
Reducing Debt: 600649's debt to equity ratio has increased from 42.9% to 166.7% over the past 5 years.
Debt Coverage: 600649's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 600649's interest payments on its debt are well covered by EBIT (4.9x coverage).