Shenzhen Energy Group Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Energy Group has a total shareholder equity of CN¥57.1B and total debt of CN¥80.3B, which brings its debt-to-equity ratio to 140.6%. Its total assets and total liabilities are CN¥162.5B and CN¥105.4B respectively. Shenzhen Energy Group's EBIT is CN¥6.3B making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥18.7B.
Key information
140.6%
Debt to equity ratio
CN¥80.29b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥18.73b |
| Equity | CN¥57.09b |
| Total liabilities | CN¥105.38b |
| Total assets | CN¥162.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000027's short term assets (CN¥38.5B) exceed its short term liabilities (CN¥32.7B).
Long Term Liabilities: 000027's short term assets (CN¥38.5B) do not cover its long term liabilities (CN¥72.7B).
Debt to Equity History and Analysis
Debt Level: 000027's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: 000027's debt to equity ratio has reduced from 147% to 140.6% over the past 5 years.
Debt Coverage: 000027's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 000027's interest payments on its debt are well covered by EBIT (4.4x coverage).