Shanghai GenTech Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai GenTech has a total shareholder equity of CN¥3.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are CN¥9.3B and CN¥5.8B respectively. Shanghai GenTech's EBIT is CN¥480.8M making its interest coverage ratio 35.3. It has cash and short-term investments of CN¥1.1B.
Key information
36.7%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | 35.3x |
| Cash | CN¥1.10b |
| Equity | CN¥3.49b |
| Total liabilities | CN¥5.82b |
| Total assets | CN¥9.31b |
Recent financial health updates
Recent updates
Here's What To Make Of Shanghai GenTech's (SHSE:688596) Decelerating Rates Of Return
Nov 25
Shanghai GenTech's (SHSE:688596) Profits May Not Reveal Underlying Issues
Nov 06Shanghai GenTech Co., Ltd. (SHSE:688596) Stock Rockets 28% But Many Are Still Ignoring The Company
Oct 01Does Shanghai GenTech (SHSE:688596) Have A Healthy Balance Sheet?
Jul 29Sentiment Still Eluding Shanghai GenTech Co., Ltd. (SHSE:688596)
Jun 26Do Shanghai GenTech's (SHSE:688596) Earnings Warrant Your Attention?
May 24Shanghai GenTech's (SHSE:688596) Profits May Not Reveal Underlying Issues
May 06Returns On Capital At Shanghai GenTech (SHSE:688596) Have Stalled
Mar 28A Piece Of The Puzzle Missing From Shanghai GenTech Co., Ltd.'s (SHSE:688596) 26% Share Price Climb
Mar 03Financial Position Analysis
Short Term Liabilities: 688596's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 688596's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥577.6M).
Debt to Equity History and Analysis
Debt Level: 688596's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 688596's debt to equity ratio has increased from 27.1% to 36.7% over the past 5 years.
Debt Coverage: 688596's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688596's interest payments on its debt are well covered by EBIT (35.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:24 |
| 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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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 GenTech Co., Ltd. is covered by 5 analysts. 3 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 |
|---|---|
| Chao Li | Citic Securities Co., Ltd. |
| Chao Li | Citic Securities Co., Ltd. |
| Jian Pan | Tianfeng Securities Brokerage Co., Ltd |