Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd has a total shareholder equity of CN¥48.0B and total debt of CN¥67.6B, which brings its debt-to-equity ratio to 141%. Its total assets and total liabilities are CN¥158.6B and CN¥110.6B respectively. Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's EBIT is CN¥3.9B making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥10.6B.
Key information
141.0%
Debt to equity ratio
CN¥67.65b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥10.61b |
| Equity | CN¥47.99b |
| Total liabilities | CN¥110.61b |
| Total assets | CN¥158.59b |
Recent financial health updates
These 4 Measures Indicate That Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd (SHSE:600663) Is Using Debt Extensively
Nov 26
Here's Why Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd (SHSE:600663) Has A Meaningful Debt Burden
Jun 27Recent updates
These 4 Measures Indicate That Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd (SHSE:600663) Is Using Debt Extensively
Nov 26Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd. (SHSE:600663) Stock Rockets 42% As Investors Are Less Pessimistic Than Expected
Oct 03Solid Earnings Reflect Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's (SHSE:600663) Strength As A Business
Aug 30Why Investors Shouldn't Be Surprised By Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd.'s (SHSE:600663) P/E
Aug 19Here's Why Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd (SHSE:600663) Has A Meaningful Debt Burden
Jun 27Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd's (SHSE:600663) Shareholders Will Receive A Smaller Dividend Than Last Year
May 31Why Investors Shouldn't Be Surprised By Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd.'s (SHSE:600663) P/E
Apr 26Financial Position Analysis
Short Term Liabilities: 600663's short term assets (CN¥83.3B) exceed its short term liabilities (CN¥74.7B).
Long Term Liabilities: 600663's short term assets (CN¥83.3B) exceed its long term liabilities (CN¥35.9B).
Debt to Equity History and Analysis
Debt Level: 600663's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: 600663's debt to equity ratio has increased from 130.8% to 141% over the past 5 years.
Debt Coverage: 600663's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 600663's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:26 |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd. is covered by 15 analysts. 2 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 |
|---|---|
| Cheng Yu Chang | BNP Paribas Securities (Asia) |
| Karl Choi | BofA Global Research |
| Jingxi Sun | China International Capital Corporation Limited |