Shenzhen Investment Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Investment has a total shareholder equity of HK$45.1B and total debt of HK$65.9B, which brings its debt-to-equity ratio to 146%. Its total assets and total liabilities are HK$173.1B and HK$128.0B respectively. Shenzhen Investment's EBIT is HK$1.9B making its interest coverage ratio 2.1. It has cash and short-term investments of HK$7.7B.
Key information
146.0%
Debt to equity ratio
HK$65.90b
Debt
| Interest coverage ratio | 2.1x |
| Cash | HK$7.67b |
| Equity | HK$45.12b |
| Total liabilities | HK$127.95b |
| Total assets | HK$173.08b |
Recent financial health updates
Shenzhen Investment (HKG:604) Seems To Be Using A Lot Of Debt
Nov 23
We Think Shenzhen Investment (HKG:604) Is Taking Some Risk With Its Debt
Dec 28Recent updates
Not Many Are Piling Into Shenzhen Investment Limited (HKG:604) Stock Yet As It Plummets 26%
Sep 10An Intrinsic Calculation For Shenzhen Investment Limited (HKG:604) Suggests It's 48% Undervalued
Aug 23A Piece Of The Puzzle Missing From Shenzhen Investment Limited's (HKG:604) 26% Share Price Climb
May 22Why Shenzhen Investment Limited (HKG:604) Could Be Worth Watching
May 21Shenzhen Investment's (HKG:604) Dividend Will Be HK$0.07
Apr 25Is There An Opportunity With Shenzhen Investment Limited's (HKG:604) 42% Undervaluation?
Dec 29Shenzhen Investment (HKG:604) Seems To Be Using A Lot Of Debt
Nov 23Shenzhen Investment's (HKG:604) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 06An Intrinsic Calculation For Shenzhen Investment Limited (HKG:604) Suggests It's 31% Undervalued
Aug 10What Does Shenzhen Investment Limited's (HKG:604) Share Price Indicate?
Jun 15Estimating The Fair Value Of Shenzhen Investment Limited (HKG:604)
May 09Is Now The Time To Look At Buying Shenzhen Investment Limited (HKG:604)?
Mar 07Shenzhen Investment Limited's (HKG:604) Intrinsic Value Is Potentially 28% Above Its Share Price
Dec 09Shenzhen Investment's (HKG:604) Dividend Will Be Reduced To HK$0.03
Aug 29An Intrinsic Calculation For Shenzhen Investment Limited (HKG:604) Suggests It's 39% Undervalued
Aug 18Shenzhen Investment (HKG:604) Has Announced That Its Dividend Will Be Reduced To HK$0.08
Apr 27Shenzhen Investment (HKG:604) Has Announced That Its Dividend Will Be Reduced To HK$0.08
Apr 06When Should You Buy Shenzhen Investment Limited (HKG:604)?
Jan 24Is Shenzhen Investment Limited (HKG:604) Trading At A 48% Discount?
Dec 27What Does Shenzhen Investment Limited's (HKG:604) Share Price Indicate?
Oct 25Is There An Opportunity With Shenzhen Investment Limited's (HKG:604) 23% Undervaluation?
Sep 28Shenzhen Investment (HKG:604) Has Affirmed Its Dividend Of HK$0.07
Aug 29What Does Shenzhen Investment Limited's (HKG:604) Share Price Indicate?
Jul 21Calculating The Intrinsic Value Of Shenzhen Investment Limited (HKG:604)
Jun 23Could Shenzhen Investment Limited (HKG:604) Have The Makings Of Another Dividend Aristocrat?
Apr 28Is It Too Late To Consider Buying Shenzhen Investment Limited (HKG:604)?
Mar 31Shenzhen Investment's(HKG:604) Share Price Is Down 16% Over The Past Three Years.
Feb 28Key Things To Consider Before Buying Shenzhen Investment Limited (HKG:604) For Its Dividend
Jan 24
We Think Shenzhen Investment (HKG:604) Is Taking Some Risk With Its Debt
Dec 28Is It Too Late To Consider Buying Shenzhen Investment Limited (HKG:604)?
Dec 07Our View On Shenzhen Investment's (HKG:604) CEO Pay
Nov 19Financial Position Analysis
Short Term Liabilities: 604's short term assets (HK$116.2B) exceed its short term liabilities (HK$97.1B).
Long Term Liabilities: 604's short term assets (HK$116.2B) exceed its long term liabilities (HK$30.9B).
Debt to Equity History and Analysis
Debt Level: 604's net debt to equity ratio (129%) is considered high.
Reducing Debt: 604's debt to equity ratio has increased from 65.1% to 146% over the past 5 years.
Debt Coverage: 604's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 604's interest payments on its debt are not well covered by EBIT (2.1x coverage).