China Southern Power Grid Energy Storage Balance Sheet Health
Financial Health criteria checks 2/6
China Southern Power Grid Energy Storage has a total shareholder equity of CN¥25.2B and total debt of CN¥19.9B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are CN¥48.7B and CN¥23.5B respectively. China Southern Power Grid Energy Storage's EBIT is CN¥2.3B making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥4.7B.
Key information
78.9%
Debt to equity ratio
CN¥19.86b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥4.75b |
| Equity | CN¥25.16b |
| Total liabilities | CN¥23.54b |
| Total assets | CN¥48.70b |
Recent financial health updates
Is China Southern Power Grid Energy Storage (SHSE:600995) A Risky Investment?
Jul 24
Is China Southern Power Grid Energy Storage (SHSE:600995) Using Too Much Debt?
Apr 24Recent updates
China Southern Power Grid Energy Storage Co., Ltd.'s (SHSE:600995) Low P/E No Reason For Excitement
Dec 20Investors Could Be Concerned With China Southern Power Grid Energy Storage's (SHSE:600995) Returns On Capital
Sep 29China Southern Power Grid Energy Storage Co., Ltd.'s (SHSE:600995) Shareholders Might Be Looking For Exit
Sep 06Is China Southern Power Grid Energy Storage (SHSE:600995) A Risky Investment?
Jul 24Be Wary Of China Southern Power Grid Energy Storage (SHSE:600995) And Its Returns On Capital
Jun 11Earnings Not Telling The Story For China Southern Power Grid Energy Storage Co., Ltd. (SHSE:600995)
May 21Is China Southern Power Grid Energy Storage (SHSE:600995) Using Too Much Debt?
Apr 24China Southern Power Grid Energy Storage (SHSE:600995) Could Be Struggling To Allocate Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 600995's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 600995's short term assets (CN¥6.0B) do not cover its long term liabilities (CN¥21.7B).
Debt to Equity History and Analysis
Debt Level: 600995's net debt to equity ratio (60.1%) is considered high.
Reducing Debt: 600995's debt to equity ratio has increased from 14% to 78.9% over the past 5 years.
Debt Coverage: 600995's debt is not well covered by operating cash flow (19%).
Interest Coverage: 600995's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:55 |
| End of Day Share Price | 2024/12/24 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 |
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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 here.
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Industry and Sector Metrics
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Analyst Sources
China Southern Power Grid Energy Storage Co., Ltd. is covered by 14 analysts. 5 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 |
|---|---|
| Junhua CHEN | China International Capital Corporation Limited |
| Chunyang Zhu | China Merchants Securities Co. Ltd. |
| Jie Sun | China Stock Investment Research Co. Ltd. (GZ500..com) |