Shanghai Aiko Solar Energy Co.,Ltd.

SHSE:600732 Stock Report

Market Cap: CN¥18.6b

Shanghai Aiko Solar EnergyLtd Balance Sheet Health

Financial Health criteria checks 0/6

Shanghai Aiko Solar EnergyLtd has a total shareholder equity of CN¥6.4B and total debt of CN¥15.1B, which brings its debt-to-equity ratio to 235.6%. Its total assets and total liabilities are CN¥37.4B and CN¥31.0B respectively.

Key information

235.6%

Debt to equity ratio

CN¥15.07b

Debt

Interest coverage ration/a
CashCN¥3.55b
EquityCN¥6.40b
Total liabilitiesCN¥31.01b
Total assetsCN¥37.40b

Recent financial health updates

Recent updates

Market Cool On Shanghai Aiko Solar Energy Co.,Ltd.'s (SHSE:600732) Revenues Pushing Shares 31% Lower

Dec 31
Market Cool On Shanghai Aiko Solar Energy Co.,Ltd.'s (SHSE:600732) Revenues Pushing Shares 31% Lower

Is Shanghai Aiko Solar EnergyLtd (SHSE:600732) Using Debt In A Risky Way?

Dec 29
Is Shanghai Aiko Solar EnergyLtd (SHSE:600732) Using Debt In A Risky Way?

Further Upside For Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Shares Could Introduce Price Risks After 68% Bounce

Nov 15
Further Upside For Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Shares Could Introduce Price Risks After 68% Bounce

Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Stock Rockets 27% But Many Are Still Ignoring The Company

Oct 01
Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Stock Rockets 27% But Many Are Still Ignoring The Company

Downgrade: Here's How Analysts See Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Performing In The Near Term

Sep 03
Downgrade: Here's How Analysts See Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Performing In The Near Term

Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Might Not Be As Mispriced As It Looks After Plunging 29%

Jun 21
Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Might Not Be As Mispriced As It Looks After Plunging 29%

Why Investors Shouldn't Be Surprised By Shanghai Aiko Solar Energy Co.,Ltd.'s (SHSE:600732) Low P/E

Apr 18
Why Investors Shouldn't Be Surprised By Shanghai Aiko Solar Energy Co.,Ltd.'s (SHSE:600732) Low P/E

Is Shanghai Aiko Solar EnergyLtd (SHSE:600732) Using Too Much Debt?

Mar 29
Is Shanghai Aiko Solar EnergyLtd (SHSE:600732) Using Too Much Debt?

Is Now The Time To Look At Buying Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732)?

Feb 28
Is Now The Time To Look At Buying Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732)?

Financial Position Analysis

Short Term Liabilities: 600732's short term assets (CN¥9.7B) do not cover its short term liabilities (CN¥18.1B).

Long Term Liabilities: 600732's short term assets (CN¥9.7B) do not cover its long term liabilities (CN¥12.9B).


Debt to Equity History and Analysis

Debt Level: 600732's net debt to equity ratio (180.2%) is considered high.

Reducing Debt: 600732's debt to equity ratio has increased from 71.6% to 235.6% over the past 5 years.

Debt Coverage: 600732's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 600732's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 11:25
End of Day Share Price 2025/01/15 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Aiko Solar Energy Co.,Ltd. is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yufei MiaoChina International Capital Corporation Limited
Zihui HuChina International Capital Corporation Limited
Jia Xun YouChina Merchants Securities Co. Ltd.