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
No updates
Recent updates
Financial 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.