Shandong Xinneng Taishan Power GenerationLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shandong Xinneng Taishan Power GenerationLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are CN¥5.4B and CN¥2.9B respectively.
Key information
82.3%
Debt to equity ratio
CN¥2.09b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥140.32m |
| Equity | CN¥2.54b |
| Total liabilities | CN¥2.91b |
| Total assets | CN¥5.45b |
Recent financial health updates
No updates
Recent updates
Shandong Xinneng Taishan Power Generation Co.,Ltd. (SZSE:000720) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Sep 27
What Shandong Xinneng Taishan Power Generation Co.,Ltd.'s (SZSE:000720) P/S Is Not Telling You
Jul 15Some Shareholders Feeling Restless Over Shandong Xinneng Taishan Power Generation Co.,Ltd.'s (SZSE:000720) P/S Ratio
Mar 05Financial Position Analysis
Short Term Liabilities: 000720's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 000720's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥589.0M).
Debt to Equity History and Analysis
Debt Level: 000720's net debt to equity ratio (76.8%) is considered high.
Reducing Debt: 000720's debt to equity ratio has increased from 66% to 82.3% over the past 5 years.
Debt Coverage: 000720's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000720's interest payments on its debt are well covered by EBIT.