Shenzhen Investment Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Investment has a total shareholder equity of HK$47.5B and total debt of HK$66.3B, which brings its debt-to-equity ratio to 139.7%. Its total assets and total liabilities are HK$174.4B and HK$126.9B respectively. Shenzhen Investment's EBIT is HK$2.8B making its interest coverage ratio 3.5. It has cash and short-term investments of HK$11.1B.
Key information
139.7%
Debt to equity ratio
HK$66.33b
Debt
| Interest coverage ratio | 3.5x |
| Cash | HK$11.05b |
| Equity | HK$47.48b |
| Total liabilities | HK$126.93b |
| Total assets | HK$174.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHS's short term assets (HK$116.7B) exceed its short term liabilities (HK$93.7B).
Long Term Liabilities: SHS's short term assets (HK$116.7B) exceed its long term liabilities (HK$33.2B).
Debt to Equity History and Analysis
Debt Level: SHS's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: SHS's debt to equity ratio has increased from 78.3% to 139.7% over the past 5 years.
Debt Coverage: SHS's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: SHS's interest payments on its debt are well covered by EBIT (3.5x coverage).