Solareast Holdings Co., Ltd.

SHSE:603366 Stock Report

Market Cap: CN¥11.3b

Solareast Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Solareast Holdings has a total shareholder equity of CN¥4.0B and total debt of CN¥260.2M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are CN¥7.2B and CN¥3.2B respectively.

Key information

6.4%

Debt to equity ratio

CN¥260.22m

Debt

Interest coverage ration/a
CashCN¥835.22m
EquityCN¥4.04b
Total liabilitiesCN¥3.17b
Total assetsCN¥7.21b

Recent financial health updates

No updates

Recent updates

What Solareast Holdings Co., Ltd.'s (SHSE:603366) 206% Share Price Gain Is Not Telling You

Nov 21
What Solareast Holdings Co., Ltd.'s (SHSE:603366) 206% Share Price Gain Is Not Telling You

There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings

Nov 04
There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings

Solareast Holdings Co., Ltd.'s (SHSE:603366) Earnings Are Not Doing Enough For Some Investors

Oct 01
Solareast Holdings Co., Ltd.'s (SHSE:603366) Earnings Are Not Doing Enough For Some Investors

There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings

May 02
There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings

A Look At The Intrinsic Value Of Solareast Holdings Co., Ltd. (SHSE:603366)

Apr 17
A Look At The Intrinsic Value Of Solareast Holdings Co., Ltd. (SHSE:603366)

Solareast Holdings Co., Ltd.'s (SHSE:603366) Shares Leap 29% Yet They're Still Not Telling The Full Story

Mar 08
Solareast Holdings Co., Ltd.'s (SHSE:603366) Shares Leap 29% Yet They're Still Not Telling The Full Story

Financial Position Analysis

Short Term Liabilities: 603366's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.9B).

Long Term Liabilities: 603366's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥309.7M).


Debt to Equity History and Analysis

Debt Level: 603366 has more cash than its total debt.

Reducing Debt: 603366's debt to equity ratio has reduced from 25.3% to 6.4% over the past 5 years.

Debt Coverage: 603366's debt is well covered by operating cash flow (101.4%).

Interest Coverage: Insufficient data to determine if 603366's interest payments on its debt are well covered by EBIT.


Balance Sheet


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