Shanghai @hubLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai @hubLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are CN¥7.2B and CN¥4.0B respectively. Shanghai @hubLtd's EBIT is CN¥307.2M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥1.1B.
Key information
79.9%
Debt to equity ratio
CN¥2.54b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥1.06b |
Equity | CN¥3.18b |
Total liabilities | CN¥4.04b |
Total assets | CN¥7.23b |
Recent financial health updates
Here's Why Shanghai @hubLtd (SHSE:603881) Can Manage Its Debt Responsibly
Jul 31Shanghai @hubLtd (SHSE:603881) Has A Somewhat Strained Balance Sheet
Feb 28Recent updates
Here's Why Shanghai @hubLtd (SHSE:603881) Can Manage Its Debt Responsibly
Jul 31Market Participants Recognise Shanghai @hub Co.,Ltd.'s (SHSE:603881) Earnings
Jun 09We Think Shanghai @hubLtd's (SHSE:603881) Solid Earnings Are Understated
Apr 19Market Participants Recognise Shanghai @hub Co.,Ltd.'s (SHSE:603881) Earnings Pushing Shares 25% Higher
Mar 01Shanghai @hubLtd (SHSE:603881) Has A Somewhat Strained Balance Sheet
Feb 28Financial Position Analysis
Short Term Liabilities: 603881's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603881's short term assets (CN¥1.7B) do not cover its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603881's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: 603881's debt to equity ratio has reduced from 92.4% to 79.9% over the past 5 years.
Debt Coverage: 603881's debt is well covered by operating cash flow (45.8%).
Interest Coverage: 603881's interest payments on its debt are not well covered by EBIT (2.5x coverage).