Shandong Hi-Speed Holdings Group Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Hi-Speed Holdings Group has a total shareholder equity of CN¥17.9B and total debt of CN¥44.9B, which brings its debt-to-equity ratio to 250.8%. Its total assets and total liabilities are CN¥67.5B and CN¥49.6B respectively. Shandong Hi-Speed Holdings Group's EBIT is CN¥1.8B making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥11.0B.
Key information
250.75%
Debt to equity ratio
CN¥44.94b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥11.04b |
| Equity | CN¥17.92b |
| Total liabilities | CN¥49.61b |
| Total assets | CN¥67.53b |
Recent financial health updates
Does Shandong Hi-Speed Holdings Group (HKG:412) Have A Healthy Balance Sheet?
Mar 28
Here's Why Shandong Hi-Speed Holdings Group (HKG:412) Has A Meaningful Debt Burden
Nov 28Recent updates
Additional Considerations Required While Assessing Shandong Hi-Speed Holdings Group's (HKG:412) Strong Earnings
Oct 02Shandong Hi-Speed Holdings Group Limited's (HKG:412) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors
Sep 16Shandong Hi-Speed Holdings Group (HKG:412) Shareholders Will Want The ROCE Trajectory To Continue
Aug 07Shandong Hi-Speed Holdings Group Limited (HKG:412) Looks Just Right With A 26% Price Jump
Jul 16Shandong Hi-Speed Holdings Group Limited (HKG:412) Looks Just Right With A 37% Price Jump
May 22Does Shandong Hi-Speed Holdings Group (HKG:412) Have A Healthy Balance Sheet?
Mar 28Returns Are Gaining Momentum At Shandong Hi-Speed Holdings Group (HKG:412)
Mar 10Estimating The Intrinsic Value Of Shandong Hi-Speed Holdings Group Limited (HKG:412)
Jan 15Here's Why Shandong Hi-Speed Holdings Group (HKG:412) Has A Meaningful Debt Burden
Nov 28We Like These Underlying Return On Capital Trends At Shandong Hi-Speed Holdings Group (HKG:412)
Nov 06Does China Shandong Hi-Speed Financial Group's (HKG:412) Share Price Gain of 70% Match Its Business Performance?
Mar 07How Much Are China Shandong Hi-Speed Financial Group Limited (HKG:412) Insiders Taking Off The Table?
Jan 11Could The China Shandong Hi-Speed Financial Group Limited (HKG:412) Ownership Structure Tell Us Something Useful?
Dec 07Financial Position Analysis
Short Term Liabilities: 412's short term assets (CN¥27.5B) exceed its short term liabilities (CN¥17.9B).
Long Term Liabilities: 412's short term assets (CN¥27.5B) do not cover its long term liabilities (CN¥31.7B).
Debt to Equity History and Analysis
Debt Level: 412's net debt to equity ratio (189.2%) is considered high.
Reducing Debt: 412's debt to equity ratio has increased from 154.6% to 250.8% over the past 5 years.
Debt Coverage: 412's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 412's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/06 08:57 |
| End of Day Share Price | 2025/10/06 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shandong Hi-Speed Holdings Group Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ruibin Chen | Soochow Securities International Brokerage |
| Hongtao Li | Topsperity Securities |
| Pritish Ture | Virtua Research Inc. |