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
No updates
Recent updates
Financial 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).