Shanghai Electric Group Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Electric Group has a total shareholder equity of CN¥77.9B and total debt of CN¥46.9B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are CN¥290.1B and CN¥212.3B respectively. Shanghai Electric Group's EBIT is CN¥2.3B making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥43.3B.
Key information
60.2%
Debt to equity ratio
CN¥46.91b
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥43.25b |
| Equity | CN¥77.89b |
| Total liabilities | CN¥212.25b |
| Total assets | CN¥290.14b |
Recent financial health updates
Here's Why Shanghai Electric Group (HKG:2727) Can Manage Its Debt Responsibly
Sep 24
We Think Shanghai Electric Group (HKG:2727) Can Stay On Top Of Its Debt
Apr 29We Think Shanghai Electric Group (HKG:2727) Is Taking Some Risk With Its Debt
Jan 26Is Shanghai Electric Group (HKG:2727) Using Debt In A Risky Way?
Jul 09Is Shanghai Electric Group (HKG:2727) Using Debt Sensibly?
Feb 14Is Shanghai Electric Group (HKG:2727) Using Too Much Debt?
Jul 25Recent updates
Shanghai Electric Group's (HKG:2727) Solid Earnings May Rest On Weak Foundations
Nov 06Shanghai Electric Group Co., Ltd.'s (HKG:2727) 26% Share Price Surge Not Quite Adding Up
Oct 10Here's Why Shanghai Electric Group (HKG:2727) Can Manage Its Debt Responsibly
Sep 24Shanghai Electric Group (HKG:2727) Has Some Difficulty Using Its Capital Effectively
Aug 28Shanghai Electric Group Co., Ltd. (HKG:2727) Investors Are Less Pessimistic Than Expected
Jul 26Shanghai Electric Group (HKG:2727) Will Be Looking To Turn Around Its Returns
May 27We Think Shanghai Electric Group (HKG:2727) Can Stay On Top Of Its Debt
Apr 29Solid Earnings May Not Tell The Whole Story For Shanghai Electric Group (HKG:2727)
Apr 04Shanghai Electric Group (HKG:2727) Will Be Hoping To Turn Its Returns On Capital Around
Feb 21We Think Shanghai Electric Group (HKG:2727) Is Taking Some Risk With Its Debt
Jan 26Shanghai Electric Group Co., Ltd.'s (HKG:2727) Shareholders Might Be Looking For Exit
Dec 29Shanghai Electric Group's (HKG:2727) Returns On Capital Not Reflecting Well On The Business
Sep 04Is Shanghai Electric Group (HKG:2727) Using Debt In A Risky Way?
Jul 09The Returns On Capital At Shanghai Electric Group (HKG:2727) Don't Inspire Confidence
Apr 03Estimating The Intrinsic Value Of Shanghai Electric Group Company Limited (HKG:2727)
Mar 13Is Shanghai Electric Group (HKG:2727) Using Debt Sensibly?
Feb 14Is Shanghai Electric Group (HKG:2727) Using Too Much Debt?
Jul 25Does Shanghai Electric Group (HKG:2727) Have A Healthy Balance Sheet?
Apr 07Is Shanghai Electric Group (HKG:2727) Using Too Much Debt?
Dec 09Shanghai Electric Group (HKG:2727) Takes On Some Risk With Its Use Of Debt
Aug 26Shanghai Electric Group Company Limited (HKG:2727) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jul 19Here's Why Shanghai Electric Group (HKG:2727) Has A Meaningful Debt Burden
Mar 03Could The Shanghai Electric Group Company Limited (HKG:2727) Ownership Structure Tell Us Something Useful?
Feb 10
Returns On Capital At Shanghai Electric Group (HKG:2727) Paint An Interesting Picture
Jan 26Here's Why We Think Shanghai Electric Group (HKG:2727) Is Well Worth Watching
Jan 08What Type Of Returns Would Shanghai Electric Group's(HKG:2727) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 18Is Shanghai Electric Group (HKG:2727) Using Too Much Debt?
Dec 03Financial Position Analysis
Short Term Liabilities: 2727's short term assets (CN¥193.8B) exceed its short term liabilities (CN¥177.0B).
Long Term Liabilities: 2727's short term assets (CN¥193.8B) exceed its long term liabilities (CN¥35.2B).
Debt to Equity History and Analysis
Debt Level: 2727's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 2727's debt to equity ratio has increased from 39.3% to 60.2% over the past 5 years.
Debt Coverage: 2727's debt is well covered by operating cash flow (25.6%).
Interest Coverage: 2727 earns more interest than it pays, so coverage of interest payments is not a concern.