Sinoma International EngineeringLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinoma International EngineeringLtd has a total shareholder equity of CN¥21.7B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥55.8B and CN¥34.0B respectively. Sinoma International EngineeringLtd's EBIT is CN¥4.1B making its interest coverage ratio -52.1. It has cash and short-term investments of CN¥6.3B.
Key information
28.4%
Debt to equity ratio
CN¥6.17b
Debt
| Interest coverage ratio | -52.1x |
| Cash | CN¥6.34b |
| Equity | CN¥21.73b |
| Total liabilities | CN¥34.04b |
| Total assets | CN¥55.77b |
Recent financial health updates
Does Sinoma International EngineeringLtd (SHSE:600970) Have A Healthy Balance Sheet?
Nov 26
Is Sinoma International EngineeringLtd (SHSE:600970) A Risky Investment?
May 21Recent updates
Does Sinoma International EngineeringLtd (SHSE:600970) Have A Healthy Balance Sheet?
Nov 26Sinoma International Engineering Co.,Ltd's (SHSE:600970) Earnings Are Not Doing Enough For Some Investors
Sep 16Investors Don't See Light At End Of Sinoma International Engineering Co.,Ltd's (SHSE:600970) Tunnel
Jun 11Is Sinoma International EngineeringLtd (SHSE:600970) A Risky Investment?
May 21Does Sinoma International EngineeringLtd (SHSE:600970) Deserve A Spot On Your Watchlist?
Apr 16Results: Sinoma International Engineering Co.,Ltd Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 30Benign Growth For Sinoma International Engineering Co.,Ltd (SHSE:600970) Underpins Its Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 600970's short term assets (CN¥40.3B) exceed its short term liabilities (CN¥29.4B).
Long Term Liabilities: 600970's short term assets (CN¥40.3B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 600970 has more cash than its total debt.
Reducing Debt: 600970's debt to equity ratio has reduced from 39.4% to 28.4% over the past 5 years.
Debt Coverage: 600970's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 600970 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:16 |
| End of Day Share Price | 2024/12/23 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
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 .
Analyst Sources
Sinoma International Engineering Co.,Ltd is covered by 29 analysts. 12 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 |
|---|---|
| Li Pan | BOCI Research Ltd. |
| Chao Fan | Changjiang Securities Co. LTD. |
| Ce Zhou | Chasing Securities |