Shanghai Electric Power Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Electric Power has a total shareholder equity of CN¥53.6B and total debt of CN¥95.5B, which brings its debt-to-equity ratio to 178.2%. Its total assets and total liabilities are CN¥178.8B and CN¥125.2B respectively. Shanghai Electric Power's EBIT is CN¥7.3B making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥7.8B.
Key information
178.2%
Debt to equity ratio
CN¥95.50b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥7.85b |
| Equity | CN¥53.59b |
| Total liabilities | CN¥125.25b |
| Total assets | CN¥178.84b |
Recent financial health updates
Is Shanghai Electric Power (SHSE:600021) A Risky Investment?
Nov 20
Shanghai Electric Power (SHSE:600021) Seems To Be Using A Lot Of Debt
Jun 16Shanghai Electric Power (SHSE:600021) Seems To Be Using A Lot Of Debt
Mar 04Recent updates
Is Shanghai Electric Power (SHSE:600021) A Risky Investment?
Nov 20A Look At The Intrinsic Value Of Shanghai Electric Power Co., Ltd. (SHSE:600021)
Oct 07The Market Doesn't Like What It Sees From Shanghai Electric Power Co., Ltd.'s (SHSE:600021) Earnings Yet
Sep 18Shanghai Electric Power (SHSE:600021) Seems To Be Using A Lot Of Debt
Jun 16Market Cool On Shanghai Electric Power Co., Ltd.'s (SHSE:600021) Earnings
May 23Shanghai Electric Power (SHSE:600021) Seems To Be Using A Lot Of Debt
Mar 04Financial Position Analysis
Short Term Liabilities: 600021's short term assets (CN¥38.2B) do not cover its short term liabilities (CN¥45.7B).
Long Term Liabilities: 600021's short term assets (CN¥38.2B) do not cover its long term liabilities (CN¥79.5B).
Debt to Equity History and Analysis
Debt Level: 600021's net debt to equity ratio (163.6%) is considered high.
Reducing Debt: 600021's debt to equity ratio has reduced from 227% to 178.2% over the past 5 years.
Debt Coverage: 600021's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 600021's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:11 |
| End of Day Share Price | 2024/12/20 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
Shanghai Electric Power Co., Ltd. is covered by 7 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 |
|---|---|
| Jiani Liu | China International Capital Corporation Limited |
| Fei Wu | Citic Securities Co., Ltd. |
| Wei Wang | Everbright Securities Co. Ltd. |