Beijing-Shanghai High-Speed Railway Balance Sheet Health
Financial Health criteria checks 5/6
Beijing-Shanghai High-Speed Railway has a total shareholder equity of CN¥222.7B and total debt of CN¥53.2B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥283.3B and CN¥60.6B respectively. Beijing-Shanghai High-Speed Railway's EBIT is CN¥18.8B making its interest coverage ratio 10. It has cash and short-term investments of CN¥7.5B.
Key information
23.9%
Debt to equity ratio
CN¥53.21b
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥7.50b |
| Equity | CN¥222.74b |
| Total liabilities | CN¥60.56b |
| Total assets | CN¥283.30b |
Recent financial health updates
We Think Beijing-Shanghai High-Speed Railway (SHSE:601816) Can Manage Its Debt With Ease
Oct 07
Here's Why Beijing-Shanghai High-Speed Railway (SHSE:601816) Can Manage Its Debt Responsibly
Jun 09Is Beijing-Shanghai High-Speed Railway (SHSE:601816) A Risky Investment?
Feb 27Recent updates
Investors Met With Slowing Returns on Capital At Beijing-Shanghai High-Speed Railway (SHSE:601816)
Oct 24We Think Beijing-Shanghai High-Speed Railway (SHSE:601816) Can Manage Its Debt With Ease
Oct 07Earnings Working Against Beijing-Shanghai High-Speed Railway Co., Ltd.'s (SHSE:601816) Share Price
Sep 18The Returns At Beijing-Shanghai High-Speed Railway (SHSE:601816) Aren't Growing
Jul 15Are Investors Undervaluing Beijing-Shanghai High-Speed Railway Co., Ltd. (SHSE:601816) By 44%?
Jun 26Here's Why Beijing-Shanghai High-Speed Railway (SHSE:601816) Can Manage Its Debt Responsibly
Jun 09Subdued Growth No Barrier To Beijing-Shanghai High-Speed Railway Co., Ltd.'s (SHSE:601816) Price
May 21Returns On Capital Signal Tricky Times Ahead For Beijing-Shanghai High-Speed Railway (SHSE:601816)
Mar 15Is Beijing-Shanghai High-Speed Railway (SHSE:601816) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: 601816's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 601816's short term assets (CN¥9.5B) do not cover its long term liabilities (CN¥51.9B).
Debt to Equity History and Analysis
Debt Level: 601816's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 601816's debt to equity ratio has reduced from 27.3% to 23.9% over the past 5 years.
Debt Coverage: 601816's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 601816's interest payments on its debt are well covered by EBIT (10x coverage).