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
Shenergy (SHSE:600642) Is Experiencing Growth In Returns On Capital
Dec 08
Here's Why Shenergy (SHSE:600642) Has Caught The Eye Of Investors
Nov 19Shenergy 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:57 |
| End of Day Share Price | 2024/12/26 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Shenergy Company Limited is covered by 16 analysts. 6 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 |
|---|---|
| Jun Ge | Changjiang Securities Co. LTD. |
| Fei Tong | Changjiang Securities Co. LTD. |
| Fu Yang | Chasing Securities |