Shanghai Dazhong Public Utilities(Group)Ltd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Dazhong Public Utilities(Group)Ltd has a total shareholder equity of CN¥9.9B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are CN¥22.7B and CN¥12.7B respectively. Shanghai Dazhong Public Utilities(Group)Ltd's EBIT is CN¥364.7M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥3.6B.
Key information
81.6%
Debt to equity ratio
CN¥8.10b
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥3.57b |
| Equity | CN¥9.93b |
| Total liabilities | CN¥12.75b |
| Total assets | CN¥22.67b |
Recent financial health updates
Does Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Have A Healthy Balance Sheet?
Oct 24
We Think Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Can Stay On Top Of Its Debt
Jul 13Recent updates
Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 06Subdued Growth No Barrier To Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (SHSE:600635) With Shares Advancing 27%
Oct 28Does Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Have A Healthy Balance Sheet?
Oct 24Returns On Capital Are Showing Encouraging Signs At Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635)
Sep 26Optimistic Investors Push Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (SHSE:600635) Shares Up 30% But Growth Is Lacking
Jul 26We Think Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Can Stay On Top Of Its Debt
Jul 13Should Shareholders Reconsider Shanghai Dazhong Public Utilities(Group) Co.,Ltd.'s (SHSE:600635) CEO Compensation Package?
Jun 11Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Might Have The Makings Of A Multi-Bagger
Jun 07Shanghai Dazhong Public Utilities(Group)Ltd's (SHSE:600635) Solid Earnings Are Supported By Other Strong Factors
Apr 04Financial Position Analysis
Short Term Liabilities: 600635's short term assets (CN¥5.8B) do not cover its short term liabilities (CN¥8.4B).
Long Term Liabilities: 600635's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥4.3B).
Debt to Equity History and Analysis
Debt Level: 600635's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: 600635's debt to equity ratio has reduced from 90.5% to 81.6% over the past 5 years.
Debt Coverage: 600635's debt is not well covered by operating cash flow (7%).
Interest Coverage: 600635 earns more interest than it pays, so coverage of interest payments is not a concern.