Shimao Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Shimao Group Holdings has a total shareholder equity of CN¥66.2B and total debt of CN¥281.5B, which brings its debt-to-equity ratio to 424.9%. Its total assets and total liabilities are CN¥578.0B and CN¥511.7B respectively.
Key information
424.9%
Debt to equity ratio
CN¥281.48b
Debt
Interest coverage ratio | n/a |
Cash | CN¥20.36b |
Equity | CN¥66.25b |
Total liabilities | CN¥511.73b |
Total assets | CN¥577.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHMA.Y's short term assets (CN¥451.8B) exceed its short term liabilities (CN¥410.1B).
Long Term Liabilities: SHMA.Y's short term assets (CN¥451.8B) exceed its long term liabilities (CN¥101.6B).
Debt to Equity History and Analysis
Debt Level: SHMA.Y's net debt to equity ratio (394.2%) is considered high.
Reducing Debt: SHMA.Y's debt to equity ratio has increased from 106.8% to 424.9% over the past 5 years.
Debt Coverage: SHMA.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SHMA.Y's interest payments on its debt are well covered by EBIT.