Shenzhen Expressway Corporation Limited

SHSC:548 Stock Report

Market Cap: HK$21.9b

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¥32.9B, which brings its debt-to-equity ratio to 115.9%. 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


Debt to equity ratio



Interest coverage ratio-5.4x
Total liabilitiesCN¥39.01b
Total assetsCN¥67.42b

Recent financial health updates

No updates

Recent updates

Financial 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 (103%) is considered high.

Reducing Debt: 548's debt to equity ratio has increased from 68.6% to 115.9% over the past 5 years.

Debt Coverage: 548's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: 548 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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