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
Recent updates
Sinoma International Engineering Co.,Ltd's (SHSE:600970) Earnings Are Not Doing Enough For Some Investors
Sep 16
Investors 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.