Sunway Balance Sheet Health
Financial Health criteria checks 4/6
Sunway has a total shareholder equity of CN¥2.1B and total debt of CN¥651.1M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are CN¥3.2B and CN¥1.1B respectively. Sunway's EBIT is CN¥30.1M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥443.2M.
Key information
30.9%
Debt to equity ratio
CN¥651.13m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CN¥443.23m |
| Equity | CN¥2.11b |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥3.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603333's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥978.2M).
Long Term Liabilities: 603333's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥134.9M).
Debt to Equity History and Analysis
Debt Level: 603333's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 603333's debt to equity ratio has reduced from 44.4% to 30.9% over the past 5 years.
Debt Coverage: 603333's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 603333's interest payments on its debt are not well covered by EBIT (1.6x coverage).