Shenergy Balance Sheet Health
Financial Health criteria checks 2/6
Shenergy has a total shareholder equity of CN¥43.7B and total debt of CN¥37.5B, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are CN¥96.0B and CN¥52.3B respectively. Shenergy's EBIT is CN¥4.6B making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥13.1B.
Key information
85.9%
Debt to equity ratio
CN¥37.53b
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥13.12b |
| Equity | CN¥43.71b |
| Total liabilities | CN¥52.27b |
| Total assets | CN¥95.98b |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Shenergy Company Limited (SHSE:600642)
Aug 27
Returns 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¥24.8B) exceed its short term liabilities (CN¥23.4B).
Long Term Liabilities: 600642's short term assets (CN¥24.8B) do not cover its long term liabilities (CN¥28.9B).
Debt to Equity History and Analysis
Debt Level: 600642's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: 600642's debt to equity ratio has increased from 53.8% to 85.9% over the past 5 years.
Debt Coverage: 600642's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 600642 earns more interest than it pays, so coverage of interest payments is not a concern.