Shanghai Electric Group Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Electric Group has a total shareholder equity of CN¥76.9B and total debt of CN¥47.0B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are CN¥283.3B and CN¥206.3B respectively. Shanghai Electric Group's EBIT is CN¥1.4B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥50.2B.
Key information
61.2%
Debt to equity ratio
CN¥47.05b
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥50.25b |
Equity | CN¥76.93b |
Total liabilities | CN¥206.34b |
Total assets | CN¥283.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIEL.Y's short term assets (CN¥191.8B) exceed its short term liabilities (CN¥167.7B).
Long Term Liabilities: SIEL.Y's short term assets (CN¥191.8B) exceed its long term liabilities (CN¥38.6B).
Debt to Equity History and Analysis
Debt Level: SIEL.Y has more cash than its total debt.
Reducing Debt: SIEL.Y's debt to equity ratio has increased from 42% to 61.2% over the past 5 years.
Debt Coverage: SIEL.Y's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: SIEL.Y earns more interest than it pays, so coverage of interest payments is not a concern.