Shenergy Balance Sheet Health
Financial Health criteria checks 2/6
Shenergy has a total shareholder equity of CN¥45.4B and total debt of CN¥39.7B, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are CN¥99.2B and CN¥53.8B respectively. Shenergy's EBIT is CN¥4.7B making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥14.5B.
Key information
87.5%
Debt to equity ratio
CN¥39.75b
Debt
| Interest coverage ratio | -7.4x |
| Cash | CN¥14.46b |
| Equity | CN¥45.42b |
| Total liabilities | CN¥53.83b |
| Total assets | CN¥99.25b |
Recent financial health updates
Recent updates
Here's Why Shenergy (SHSE:600642) Has Caught The Eye Of Investors
Nov 19
Shenergy Company Limited's (SHSE:600642) Prospects Need A Boost To Lift Shares
Oct 30Shenergy (SHSE:600642) Seems To Use Debt Quite Sensibly
Sep 25Solid Earnings May Not Tell The Whole Story For Shenergy (SHSE:600642)
Sep 06A Look At The Fair Value Of Shenergy Company Limited (SHSE:600642)
Aug 27Returns At Shenergy (SHSE:600642) Are On The Way Up
Aug 12Shenergy Company Limited's (SHSE:600642) Business And Shares Still Trailing The Market
Jul 12Here's Why We Think Shenergy (SHSE:600642) Is Well Worth Watching
Jun 24Calculating The Fair Value Of Shenergy Company Limited (SHSE:600642)
May 21Shenergy (SHSE:600642) Has Some Way To Go To Become A Multi-Bagger
Apr 15Lacklustre Performance Is Driving Shenergy Company Limited's (SHSE:600642) Low P/S
Feb 27Financial Position Analysis
Short Term Liabilities: 600642's short term assets (CN¥27.1B) exceed its short term liabilities (CN¥24.5B).
Long Term Liabilities: 600642's short term assets (CN¥27.1B) do not cover its long term liabilities (CN¥29.4B).
Debt to Equity History and Analysis
Debt Level: 600642's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 600642's debt to equity ratio has increased from 52.4% to 87.5% over the past 5 years.
Debt Coverage: 600642's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 600642 earns more interest than it pays, so coverage of interest payments is not a concern.