Shenzhen Expressway Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Expressway has a total shareholder equity of CN¥28.4B and total debt of CN¥31.4B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are CN¥67.4B and CN¥39.0B respectively. Shenzhen Expressway's EBIT is CN¥2.6B making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥3.7B.
Key information
110.5%
Debt to equity ratio
CN¥31.39b
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥3.66b |
| Equity | CN¥28.41b |
| Total liabilities | CN¥39.01b |
| Total assets | CN¥67.42b |
Recent financial health updates
Is Shenzhen Expressway (HKG:548) Using Too Much Debt?
Mar 04
Is Shenzhen Expressway (HKG:548) Using Too Much Debt?
May 26Shenzhen Expressway (HKG:548) Seems To Be Using A Lot Of Debt
Feb 03Is Shenzhen Expressway (HKG:548) A Risky Investment?
Oct 12Shenzhen Expressway (HKG:548) Has No Shortage Of Debt
Jul 05Shenzhen Expressway (HKG:548) Has A Somewhat Strained Balance Sheet
Feb 08Recent updates
News Flash: 4 Analysts Think Shenzhen Expressway Corporation Limited (HKG:548) Earnings Are Under Threat
Mar 30Is Shenzhen Expressway (HKG:548) Using Too Much Debt?
Mar 04Shenzhen Expressway (HKG:548) Will Want To Turn Around Its Return Trends
Feb 13Potential Upside For Shenzhen Expressway Corporation Limited (HKG:548) Not Without Risk
Jan 21Is Shenzhen Expressway (HKG:548) Using Too Much Debt?
May 26Calculating The Intrinsic Value Of Shenzhen Expressway Corporation Limited (HKG:548)
May 08Shenzhen Expressway's (HKG:548) Returns On Capital Not Reflecting Well On The Business
Apr 17Newsflash: Shenzhen Expressway Corporation Limited (HKG:548) Analysts Have Been Trimming Their Revenue Forecasts
Mar 29Shenzhen Expressway (HKG:548) Seems To Be Using A Lot Of Debt
Feb 03Is Shenzhen Expressway (HKG:548) A Risky Investment?
Oct 12Shenzhen Expressway (HKG:548) May Have Issues Allocating Its Capital
Aug 02Shenzhen Expressway (HKG:548) Has No Shortage Of Debt
Jul 05Shenzhen Expressway (HKG:548) Might Be Having Difficulty Using Its Capital Effectively
Apr 29Shenzhen Expressway (HKG:548) Has A Somewhat Strained Balance Sheet
Feb 08The Return Trends At Shenzhen Expressway (HKG:548) Look Promising
Dec 22These 4 Measures Indicate That Shenzhen Expressway (HKG:548) Is Using Debt Extensively
Oct 06A Look At The Fair Value Of Shenzhen Expressway Company Limited (HKG:548)
Sep 21Shenzhen Expressway (HKG:548) Shareholders Will Want The ROCE Trajectory To Continue
Sep 06Estimating The Intrinsic Value Of Shenzhen Expressway Company Limited (HKG:548)
Jun 10Is Shenzhen Expressway Company Limited (HKG:548) A Smart Pick For Income Investors?
May 04Shenzhen Expressway (HKG:548) Has More To Do To Multiply In Value Going Forward
Apr 19News Flash: Analysts Just Made A Substantial Upgrade To Their Shenzhen Expressway Company Limited (HKG:548) Forecasts
Mar 29Is Shenzhen Expressway (HKG:548) A Risky Investment?
Mar 04What Kind Of Shareholders Hold The Majority In Shenzhen Expressway Company Limited's (HKG:548) Shares?
Feb 11
Should Shenzhen Expressway Company Limited (HKG:548) Be Part Of Your Income Portfolio?
Jan 24We're Watching These Trends At Shenzhen Expressway (HKG:548)
Jan 05A Look At Shenzhen Expressway's (HKG:548) Share Price Returns
Dec 18Are Shenzhen Expressway's (HKG:548) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 30Financial Position Analysis
Short Term Liabilities: 548's short term assets (CN¥8.2B) do not cover its short term liabilities (CN¥19.7B).
Long Term Liabilities: 548's short term assets (CN¥8.2B) do not cover its long term liabilities (CN¥19.3B).
Debt to Equity History and Analysis
Debt Level: 548's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: 548's debt to equity ratio has increased from 68.6% to 110.5% over the past 5 years.
Debt Coverage: 548's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 548 earns more interest than it pays, so coverage of interest payments is not a concern.