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China Shipbuilding Industry Group Power stock: balance sheet and debt

600482.SS
$4.42Closing price of 12 Nov 2026MEQIRI Score 66 out of 100

China Shipbuilding Industry Group Power has a debt to equity ratio of 0.08 and an interest coverage of 26.4x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.08
Interest coverage
26.4x
Current ratio
1.77
Cash & equivalents
$7.21B
Total assets
$17.52B
Equity ratio
45.9%
Goodwill and intangible assets
$557.73M
not split out
Net debt
−$6.53B
More cash than debt

Total assets and equity ratio

How large the balance sheet of China Shipbuilding Industry Group Power Co., Ltd. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$262.89M$526.48Knot split out44.9%$50.93M
2007$482M$19.09Mnot split out41.1%$211.53M
2008$389.87M$19.42Mnot split out39.3%$116.92M
2009$426.33M$19.25Mnot split out38.1%−$7.91M
2010$450.4M$19.02Mnot split out37.7%$70.49M
2011$491.92M$18.82Mnot split out36.5%$174.24M
2012$513.38M$26.79Mnot split out37.3%$172.01M
2013$620.3M$26.42Mnot split out47.3%$124.94M
2014$651.42M$26.09Mnot split out48.1%$106.86M
2015$652.63M$25.73Mnot split out50.5%$77.92M
2016$5.93B$255.35Mnot split out67.4%−$2.11B
2017$6.63B$313.8Mnot split out63.8%−$1.45B
2018$8.58B$349.34Mnot split out54.1%−$484.59M
2019$8.4B$384.49Mnot split out65.3%−$844.69M
2020$8.81B$406.39Mnot split out62.2%−$694.93M
2021$9.3B$484.8Mnot split out59.7%−$1.06B
2022$12.88B$590.16Mnot split out53.2%−$1.99B
2023$14.86B$585.96Mnot split out47.7%−$2.79B
2024$16.34B$569.78Mnot split out46.8%−$4.76B
2025$17.52B$557.73Mnot split out45.9%−$6.53B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$31.4M$117.87M$82.33M0.7
2007$41.91M$198.1M$253.44M1.28
2008$58.54M$153.08M$175.46M1.15
2009$71.64M$159.73M$63.73M0.39
2010$44.24M$167.04M$114.72M0.68
2011$62.34M$177.16M$236.59M1.32
2012$59.22M$189.38M$231.23M1.21
2013$75.26M$292.01M$200.2M0.68
2014$77.6M$312.56M$184.46M0.59
2015$87.04M$329.19M$164.96M0.5
2016$2.62B$3.82B$506.36M0.13
2017$2.26B$3.91B$804.52M0.19
2018$2.09B$3.89B$1.61B0.35
2019$1.43B$4.1B$589.58M0.11
2020$1.59B$5.37B$891.56M0.16
2021$1.96B$5.43B$895.66M0.16
2022$3.3B$5.33B$1.3B0.19
2023$4.07B$5.51B$1.28B0.18
2024$5.66B$5.88B$904.93M0.12
2025$7.21B$6B$678.08M0.08

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CN¥6.6683)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 16 Oct 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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