COSCO SHIPPING Specialized CarriersLtd Balance Sheet Health
Financial Health criteria checks 3/6
COSCO SHIPPING Specialized CarriersLtd has a total shareholder equity of CN¥13.1B and total debt of CN¥7.7B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are CN¥33.0B and CN¥19.9B respectively. COSCO SHIPPING Specialized CarriersLtd's EBIT is CN¥1.7B making its interest coverage ratio 8.2. It has cash and short-term investments of CN¥2.2B.
Key information
58.7%
Debt to equity ratio
CN¥7.69b
Debt
| Interest coverage ratio | 8.2x |
| Cash | CN¥2.22b |
| Equity | CN¥13.10b |
| Total liabilities | CN¥19.87b |
| Total assets | CN¥32.96b |
Recent financial health updates
COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Has A Pretty Healthy Balance Sheet
Feb 06
Is COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) A Risky Investment?
Oct 24Is COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Using Too Much Debt?
Jun 04Recent updates
COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Has A Pretty Healthy Balance Sheet
Feb 06Insufficient Growth At COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428) Hampers Share Price
Jan 12COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Is Doing The Right Things To Multiply Its Share Price
Dec 27Do COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Earnings Warrant Your Attention?
Dec 06COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Earnings Are Of Questionable Quality
Nov 05Is COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) A Risky Investment?
Oct 24There Is A Reason COSCO SHIPPING Specialized Carriers Co.,Ltd.'s (SHSE:600428) Price Is Undemanding
Oct 07We Like These Underlying Return On Capital Trends At COSCO SHIPPING Specialized CarriersLtd (SHSE:600428)
Sep 19A Look At The Intrinsic Value Of COSCO SHIPPING Specialized Carriers Co.,Ltd. (SHSE:600428)
Aug 14Is COSCO SHIPPING Specialized CarriersLtd (SHSE:600428) Using Too Much Debt?
Jun 04We Think You Should Be Aware Of Some Concerning Factors In COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Earnings
May 06There's Been No Shortage Of Growth Recently For COSCO SHIPPING Specialized CarriersLtd's (SHSE:600428) Returns On Capital
Mar 14Financial Position Analysis
Short Term Liabilities: 600428's short term assets (CN¥6.4B) do not cover its short term liabilities (CN¥8.5B).
Long Term Liabilities: 600428's short term assets (CN¥6.4B) do not cover its long term liabilities (CN¥11.4B).
Debt to Equity History and Analysis
Debt Level: 600428's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: 600428's debt to equity ratio has reduced from 79.6% to 58.7% over the past 5 years.
Debt Coverage: 600428's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 600428's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 23:09 |
| End of Day Share Price | 2025/02/14 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
COSCO SHIPPING Specialized Carriers Co.,Ltd. is covered by 21 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 |
|---|---|
| Yichao Han | Changjiang Securities Co. LTD. |
| Xin Yang | China International Capital Corporation Limited |
| Tao Chang | China Merchants Securities Co. Ltd. |