Shanghai Industrial DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Industrial DevelopmentLtd has a total shareholder equity of CN¥11.0B and total debt of CN¥13.1B, which brings its debt-to-equity ratio to 120%. Its total assets and total liabilities are CN¥29.5B and CN¥18.6B respectively. Shanghai Industrial DevelopmentLtd's EBIT is CN¥486.8M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥2.8B.
Key information
120.0%
Debt to equity ratio
CN¥13.14b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥2.81b |
| Equity | CN¥10.95b |
| Total liabilities | CN¥18.58b |
| Total assets | CN¥29.53b |
Recent financial health updates
Recent updates
Here's Why Shanghai Industrial DevelopmentLtd (SHSE:600748) Is Weighed Down By Its Debt Load
Dec 03
Shanghai Industrial Development Co.,Ltd (SHSE:600748) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Oct 01Shanghai Industrial DevelopmentLtd's (SHSE:600748) Dividend Will Be Increased To CN¥0.021
Jul 28Why Investors Shouldn't Be Surprised By Shanghai Industrial Development Co.,Ltd's (SHSE:600748) Low P/S
Mar 05Financial Position Analysis
Short Term Liabilities: 600748's short term assets (CN¥17.5B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 600748's short term assets (CN¥17.5B) exceed its long term liabilities (CN¥11.6B).
Debt to Equity History and Analysis
Debt Level: 600748's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: 600748's debt to equity ratio has reduced from 126.6% to 120% over the past 5 years.
Debt Coverage: 600748's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600748's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:29 |
| End of Day Share Price | 2024/12/23 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 Industrial Development Co.,Ltd is covered by 7 analysts. 0 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 |
|---|---|
| Xiaofeng Lu | BOCI Research Ltd. |
| Jun Liu | Changjiang Securities Co. LTD. |
| Yu Zhang | China International Capital Corporation Limited |