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¥10.2B and total debt of CN¥7.8B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are CN¥23.3B and CN¥13.0B respectively. Shanghai Dazhong Public Utilities(Group)Ltd's EBIT is CN¥212.6M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥3.7B.
Key information
76.28%
Debt to equity ratio
CN¥7.82b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥3.70b |
| Equity | CN¥10.25b |
| Total liabilities | CN¥13.01b |
| Total assets | CN¥23.26b |
Recent financial health updates
Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Seems To Use Debt Quite Sensibly
Feb 07
Does Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Have A Healthy Balance Sheet?
Oct 24We Think Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Can Stay On Top Of Its Debt
Jul 13Recent updates
There's Reason For Concern Over Shanghai Dazhong Public Utilities(Group) Co.,Ltd.'s (SHSE:600635) Price
Feb 28Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Seems To Use Debt Quite Sensibly
Feb 07The Return Trends At Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Look Promising
Jan 09Shanghai 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¥5.9B) do not cover its short term liabilities (CN¥9.3B).
Long Term Liabilities: 600635's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 600635's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 600635's debt to equity ratio has reduced from 84.5% to 76.3% over the past 5 years.
Debt Coverage: 600635's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: 600635 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/08 01:30 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Shanghai Dazhong Public Utilities(Group) Co.,Ltd. is covered by 4 analysts. 0 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 |
|---|---|
| null null | CMB International Securities Limited |
| Junjie Gong | Guodu Securities Co. |
| Wei Wei Meng | Industrial Securities Co. Ltd. |