Shandong Hi-speed Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Hi-speed has a total shareholder equity of CN¥54.9B and total debt of CN¥74.0B, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are CN¥156.4B and CN¥101.6B respectively. Shandong Hi-speed's EBIT is CN¥5.6B making its interest coverage ratio 19.1. It has cash and short-term investments of CN¥6.5B.
Key information
134.9%
Debt to equity ratio
CN¥73.99b
Debt
| Interest coverage ratio | 19.1x |
| Cash | CN¥6.51b |
| Equity | CN¥54.85b |
| Total liabilities | CN¥101.57b |
| Total assets | CN¥156.43b |
Recent financial health updates
Shandong Hi-speed (SHSE:600350) Seems To Be Using A Lot Of Debt
Sep 30
Shandong Hi-speed (SHSE:600350) Has A Somewhat Strained Balance Sheet
May 31Recent updates
Shandong Hi-speed Company Limited's (SHSE:600350) Prospects Need A Boost To Lift Shares
Oct 27Shandong Hi-speed (SHSE:600350) Seems To Be Using A Lot Of Debt
Sep 30Shandong Hi-speed Company Limited's (SHSE:600350) Shares Lagging The Market But So Is The Business
Jul 17Shandong Hi-speed's (SHSE:600350) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 20Shandong Hi-speed (SHSE:600350) Has A Somewhat Strained Balance Sheet
May 31Shandong Hi-speed Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Apr 23Shandong Hi-speed Company Limited's (SHSE:600350) Share Price Is Matching Sentiment Around Its Earnings
Mar 20Financial Position Analysis
Short Term Liabilities: 600350's short term assets (CN¥25.5B) do not cover its short term liabilities (CN¥33.4B).
Long Term Liabilities: 600350's short term assets (CN¥25.5B) do not cover its long term liabilities (CN¥68.2B).
Debt to Equity History and Analysis
Debt Level: 600350's net debt to equity ratio (123%) is considered high.
Reducing Debt: 600350's debt to equity ratio has increased from 117.8% to 134.9% over the past 5 years.
Debt Coverage: 600350's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 600350's interest payments on its debt are well covered by EBIT (19.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:12 |
| End of Day Share Price | 2025/01/02 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
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Analyst Sources
Shandong Hi-speed Company Limited is covered by 15 analysts. 4 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 |
|---|---|
| Huiming Liu | BOCI Research Ltd. |
| Yichao Han | Changjiang Securities Co. LTD. |
| Yuanfan Gu | China International Capital Corporation Limited |