CIG ShangHai Balance Sheet Health
Financial Health criteria checks 5/6
CIG ShangHai has a total shareholder equity of CN¥2.4B and total debt of CN¥962.9M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are CN¥4.8B and CN¥2.4B respectively. CIG ShangHai's EBIT is CN¥134.8M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥351.4M.
Key information
40.1%
Debt to equity ratio
CN¥962.92m
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥351.44m |
| Equity | CN¥2.40b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥4.81b |
Recent financial health updates
These 4 Measures Indicate That CIG ShangHai (SHSE:603083) Is Using Debt Reasonably Well
Nov 10
CIG ShangHai (SHSE:603083) Use Of Debt Could Be Considered Risky
Aug 09Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For CIG ShangHai Co., Ltd. (SHSE:603083)
Jan 13CIG ShangHai (SHSE:603083) Is Doing The Right Things To Multiply Its Share Price
Dec 23These 4 Measures Indicate That CIG ShangHai (SHSE:603083) Is Using Debt Reasonably Well
Nov 10CIG ShangHai Co., Ltd. (SHSE:603083) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Sep 30Some Investors May Be Worried About CIG ShangHai's (SHSE:603083) Returns On Capital
Sep 15Estimating The Intrinsic Value Of CIG ShangHai Co., Ltd. (SHSE:603083)
Aug 27CIG ShangHai (SHSE:603083) Use Of Debt Could Be Considered Risky
Aug 09Returns On Capital Signal Tricky Times Ahead For CIG ShangHai (SHSE:603083)
Jun 11Little Excitement Around CIG ShangHai Co., Ltd.'s (SHSE:603083) Revenues As Shares Take 28% Pounding
Apr 15CIG ShangHai's (SHSE:603083) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 25CIG ShangHai Co., Ltd.'s (SHSE:603083) Shares Climb 27% But Its Business Is Yet to Catch Up
Feb 29Financial Position Analysis
Short Term Liabilities: 603083's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 603083's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥245.8M).
Debt to Equity History and Analysis
Debt Level: 603083's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 603083's debt to equity ratio has increased from 37.4% to 40.1% over the past 5 years.
Debt Coverage: 603083's debt is well covered by operating cash flow (51.3%).
Interest Coverage: 603083's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 22:17 |
| End of Day Share Price | 2025/01/20 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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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
CIG ShangHai Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Hai Ning Yu | Changjiang Securities Co. LTD. |