Sinopec Shanghai Petrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Sinopec Shanghai Petrochemical has a total shareholder equity of CN¥24.8B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥45.2B and CN¥20.4B respectively.
Key information
6.1%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.38b |
| Equity | CN¥24.84b |
| Total liabilities | CN¥20.35b |
| Total assets | CN¥45.19b |
Recent financial health updates
We Think Sinopec Shanghai Petrochemical (HKG:338) Can Stay On Top Of Its Debt
May 22
Does Sinopec Shanghai Petrochemical (HKG:338) Have A Healthy Balance Sheet?
Jan 31Sinopec Shanghai Petrochemical (HKG:338) Seems To Use Debt Quite Sensibly
Oct 25Is Sinopec Shanghai Petrochemical (HKG:338) Using Debt Sensibly?
Apr 09Is Sinopec Shanghai Petrochemical (HKG:338) Using Too Much Debt?
Jan 04
Recent updates
Capital Allocation Trends At Sinopec Shanghai Petrochemical (HKG:338) Aren't Ideal
Aug 03We Think Sinopec Shanghai Petrochemical (HKG:338) Can Stay On Top Of Its Debt
May 22Investors Could Be Concerned With Sinopec Shanghai Petrochemical's (HKG:338) Returns On Capital
Apr 11Does Sinopec Shanghai Petrochemical (HKG:338) Have A Healthy Balance Sheet?
Jan 31Sinopec Shanghai Petrochemical (HKG:338) Will Be Hoping To Turn Its Returns On Capital Around
Jan 07Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) Trading At A 47% Discount?
Dec 09Sinopec Shanghai Petrochemical (HKG:338) Seems To Use Debt Quite Sensibly
Oct 25Sinopec Shanghai Petrochemical (HKG:338) Will Want To Turn Around Its Return Trends
Oct 04What Is Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Share Price Doing?
Aug 27A Look At The Fair Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Aug 09Estimating The Intrinsic Value Of Sinopec Shanghai Petrochemical Company Limited (HKG:338)
Apr 27Is Sinopec Shanghai Petrochemical (HKG:338) Using Debt Sensibly?
Apr 09What You Need To Know About Sinopec Shanghai Petrochemical Company Limited's (HKG:338) Investor Composition
Feb 27Is Sinopec Shanghai Petrochemical Company Limited (HKG:338) At Risk Of Cutting Its Dividend?
Jan 31Is Sinopec Shanghai Petrochemical (HKG:338) Using Too Much Debt?
Jan 04Sinopec Shanghai Petrochemical (HKG:338) Share Prices Have Dropped 64% In The Last Three Years
Dec 09Financial Position Analysis
Short Term Liabilities: 338's short term assets (CN¥24.4B) exceed its short term liabilities (CN¥20.2B).
Long Term Liabilities: 338's short term assets (CN¥24.4B) exceed its long term liabilities (CN¥137.1M).
Debt to Equity History and Analysis
Debt Level: 338 has more cash than its total debt.
Reducing Debt: 338's debt to equity ratio has increased from 3.5% to 6.1% over the past 5 years.
Debt Coverage: 338's debt is well covered by operating cash flow (804.9%).
Interest Coverage: Insufficient data to determine if 338's interest payments on its debt are well covered by EBIT.