Shengli Oil & Gas Pipe Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Shengli Oil & Gas Pipe Holdings has a total shareholder equity of CN¥453.7M and total debt of CN¥325.0M, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are CN¥959.3M and CN¥505.6M respectively.
Key information
71.6%
Debt to equity ratio
CN¥325.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.09m |
| Equity | CN¥453.74m |
| Total liabilities | CN¥505.58m |
| Total assets | CN¥959.32m |
Recent financial health updates
Is Shengli Oil & Gas Pipe Holdings (HKG:1080) A Risky Investment?
Nov 22
Here's Why Shengli Oil & Gas Pipe Holdings (HKG:1080) Can Afford Some Debt
Sep 08Does Shengli Oil & Gas Pipe Holdings (HKG:1080) Have A Healthy Balance Sheet?
Mar 30Is Shengli Oil & Gas Pipe Holdings (HKG:1080) Using Debt In A Risky Way?
Oct 05Shengli Oil & Gas Pipe Holdings (HKG:1080) Has Debt But No Earnings; Should You Worry?
Dec 07
Recent updates
Optimistic Investors Push Shengli Oil & Gas Pipe Holdings Limited (HKG:1080) Shares Up 55% But Growth Is Lacking
Sep 25Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) Popularity With Investors Under Threat As Stock Sinks 31%
Aug 06Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) 26% Share Price Surge Not Quite Adding Up
May 23Is Shengli Oil & Gas Pipe Holdings (HKG:1080) A Risky Investment?
Nov 22Calculating The Intrinsic Value Of Shengli Oil & Gas Pipe Holdings Limited (HKG:1080)
Aug 22Some Shareholders Feeling Restless Over Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) P/S Ratio
Jul 14Calculating The Fair Value Of Shengli Oil & Gas Pipe Holdings Limited (HKG:1080)
Dec 02Here's Why Shengli Oil & Gas Pipe Holdings (HKG:1080) Can Afford Some Debt
Sep 08Does Shengli Oil & Gas Pipe Holdings (HKG:1080) Have A Healthy Balance Sheet?
Mar 30Is Shengli Oil & Gas Pipe Holdings (HKG:1080) Using Debt In A Risky Way?
Oct 05It's Unlikely That Shareholders Will Increase Shengli Oil & Gas Pipe Holdings Limited's (HKG:1080) Compensation By Much This Year
Jun 11Shengli Oil & Gas Pipe Holdings (HKG:1080) Has Debt But No Earnings; Should You Worry?
Dec 07Financial Position Analysis
Short Term Liabilities: 1080's short term assets (CN¥403.6M) exceed its short term liabilities (CN¥397.6M).
Long Term Liabilities: 1080's short term assets (CN¥403.6M) exceed its long term liabilities (CN¥108.0M).
Debt to Equity History and Analysis
Debt Level: 1080's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: 1080's debt to equity ratio has increased from 61.7% to 71.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1080 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1080 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 58% per year.