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 ratio | n/a |
| Cash | CN¥835.22m |
| Equity | CN¥4.04b |
| Total liabilities | CN¥3.17b |
| Total assets | CN¥7.21b |
Recent financial health updates
Recent updates
Some Solareast Holdings Co., Ltd. (SHSE:603366) Shareholders Look For Exit As Shares Take 28% Pounding
Jan 10
Is Solareast Holdings (SHSE:603366) Using Debt Sensibly?
Dec 26What Solareast Holdings Co., Ltd.'s (SHSE:603366) 206% Share Price Gain Is Not Telling You
Nov 21There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings
Nov 04Solareast Holdings Co., Ltd.'s (SHSE:603366) Earnings Are Not Doing Enough For Some Investors
Oct 01There May Be Some Bright Spots In Solareast Holdings' (SHSE:603366) Earnings
May 02A Look At The Intrinsic Value Of Solareast Holdings Co., Ltd. (SHSE:603366)
Apr 17Solareast Holdings Co., Ltd.'s (SHSE:603366) Shares Leap 29% Yet They're Still Not Telling The Full Story
Mar 08Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 09:33 |
| End of Day Share Price | 2025/01/10 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 |
| |
| 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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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
Solareast Holdings Co., Ltd. is covered by 4 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 |
|---|---|
| Zhuqiang Hu | Central China Securities Co., Ltd. |
| Yali Hu | Citic Securities Co., Ltd. |
| Dong Ju Wu | Founder Securities Co., Ltd. |