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 ratio | n/a |
| Cash | CN¥3.55b |
| Equity | CN¥6.40b |
| Total liabilities | CN¥31.01b |
| Total assets | CN¥37.40b |
Recent financial health updates
Recent updates
Further Upside For Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Shares Could Introduce Price Risks After 68% Bounce
Nov 15
Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Stock Rockets 27% But Many Are Still Ignoring The Company
Oct 01Downgrade: Here's How Analysts See Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Performing In The Near Term
Sep 03Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732) Might Not Be As Mispriced As It Looks After Plunging 29%
Jun 21Why Investors Shouldn't Be Surprised By Shanghai Aiko Solar Energy Co.,Ltd.'s (SHSE:600732) Low P/E
Apr 18Is Shanghai Aiko Solar EnergyLtd (SHSE:600732) Using Too Much Debt?
Mar 29Is Now The Time To Look At Buying Shanghai Aiko Solar Energy Co.,Ltd. (SHSE:600732)?
Feb 28Financial 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.