Xiamen Sunrise Group Balance Sheet Health
Financial Health criteria checks 4/6
Xiamen Sunrise Group has a total shareholder equity of CN¥2.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are CN¥4.5B and CN¥2.1B respectively. Xiamen Sunrise Group's EBIT is CN¥79.5M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥628.4M.
Key information
51.3%
Debt to equity ratio
CN¥1.23b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥628.38m |
| Equity | CN¥2.39b |
| Total liabilities | CN¥2.12b |
| Total assets | CN¥4.52b |
Recent financial health updates
Recent updates
Is Xiamen Sunrise Group (SZSE:002593) A Risky Investment?
Dec 14
Xiamen Sunrise Group Co., Ltd. (SZSE:002593) Shares Fly 29% But Investors Aren't Buying For Growth
Nov 28Impressive Earnings May Not Tell The Whole Story For Xiamen Sunrise Group (SZSE:002593)
Apr 22Here's What's Concerning About Xiamen Sunrise Group's (SZSE:002593) Returns On Capital
Apr 17Xiamen Sunrise Group Co., Ltd.'s (SZSE:002593) Share Price Not Quite Adding Up
Feb 27Financial Position Analysis
Short Term Liabilities: 002593's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002593's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥280.3M).
Debt to Equity History and Analysis
Debt Level: 002593's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 002593's debt to equity ratio has increased from 39.1% to 51.3% over the past 5 years.
Debt Coverage: 002593's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 002593's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 15:53 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Xiamen Sunrise Group Co., Ltd. is covered by 0 analysts. 0 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 |
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