Nanjing ShengHang Shipping Balance Sheet Health
Financial Health criteria checks 1/6
Nanjing ShengHang Shipping has a total shareholder equity of CN¥2.0B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 105.1%. Its total assets and total liabilities are CN¥4.9B and CN¥2.9B respectively. Nanjing ShengHang Shipping's EBIT is CN¥319.5M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥320.5M.
Key information
105.1%
Debt to equity ratio
CN¥2.10b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥320.53m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥2.93b |
| Total assets | CN¥4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001205's short term assets (CN¥689.6M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 001205's short term assets (CN¥689.6M) do not cover its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 001205's net debt to equity ratio (89.1%) is considered high.
Reducing Debt: 001205's debt to equity ratio has increased from 32.7% to 105.1% over the past 5 years.
Debt Coverage: 001205's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 001205's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 01:55 |
| End of Day Share Price | 2024/12/27 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nanjing ShengHang Shipping Co., Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Cheng Hang | China International Capital Corporation Limited |
| Baoliang Su | China Merchants Securities Co. Ltd. |
| Yi Xiao | Industrial Securities Co. Ltd. |