Shanghai Zhangjiang Hi-Tech Park Development Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Zhangjiang Hi-Tech Park Development has a total shareholder equity of CN¥16.1B and total debt of CN¥27.9B, which brings its debt-to-equity ratio to 172.8%. Its total assets and total liabilities are CN¥52.2B and CN¥36.1B respectively. Shanghai Zhangjiang Hi-Tech Park Development's EBIT is CN¥1.2B making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥2.8B.
Key information
172.8%
Debt to equity ratio
CN¥27.89b
Debt
Interest coverage ratio | 3.1x |
Cash | CN¥2.81b |
Equity | CN¥16.14b |
Total liabilities | CN¥36.07b |
Total assets | CN¥52.21b |
Recent financial health updates
Recent updates
There's Reason For Concern Over Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd.'s (SHSE:600895) Price
Jul 25Is Shanghai Zhangjiang Hi-Tech Park Development (SHSE:600895) A Risky Investment?
May 23There May Be Underlying Issues With The Quality Of Shanghai Zhangjiang Hi-Tech Park Development's (SHSE:600895) Earnings
Apr 05Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. (SHSE:600895) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 01Financial Position Analysis
Short Term Liabilities: 600895's short term assets (CN¥22.7B) exceed its short term liabilities (CN¥16.6B).
Long Term Liabilities: 600895's short term assets (CN¥22.7B) exceed its long term liabilities (CN¥19.5B).
Debt to Equity History and Analysis
Debt Level: 600895's net debt to equity ratio (155.4%) is considered high.
Reducing Debt: 600895's debt to equity ratio has increased from 70.5% to 172.8% over the past 5 years.
Debt Coverage: 600895's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600895's interest payments on its debt are well covered by EBIT (3.1x coverage).