Sany Renewable EnergyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sany Renewable EnergyLtd has a total shareholder equity of CN¥12.6B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are CN¥37.1B and CN¥24.5B respectively. Sany Renewable EnergyLtd's EBIT is CN¥164.7M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥8.7B.
Key information
35.9%
Debt to equity ratio
CN¥4.51b
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥8.65b |
| Equity | CN¥12.58b |
| Total liabilities | CN¥24.52b |
| Total assets | CN¥37.10b |
Recent financial health updates
Is Sany Renewable EnergyLtd (SHSE:688349) A Risky Investment?
Oct 07
Is Sany Renewable EnergyLtd (SHSE:688349) Weighed On By Its Debt Load?
Jun 27Is Sany Renewable EnergyLtd (SHSE:688349) Using Too Much Debt?
Mar 25Recent updates
Here's What's Concerning About Sany Renewable EnergyLtd's (SHSE:688349) Returns On Capital
Nov 28There Are Some Holes In Sany Renewable EnergyLtd's (SHSE:688349) Solid Earnings Release
Nov 06Even With A 39% Surge, Cautious Investors Are Not Rewarding Sany Renewable Energy Co.,Ltd.'s (SHSE:688349) Performance Completely
Oct 26Is Sany Renewable EnergyLtd (SHSE:688349) A Risky Investment?
Oct 07Investors Continue Waiting On Sidelines For Sany Renewable Energy Co.,Ltd. (SHSE:688349)
Sep 09Is Sany Renewable EnergyLtd (SHSE:688349) Weighed On By Its Debt Load?
Jun 27Is Sany Renewable EnergyLtd (SHSE:688349) Using Too Much Debt?
Mar 25Financial Position Analysis
Short Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its short term liabilities (CN¥20.4B).
Long Term Liabilities: 688349's short term assets (CN¥25.2B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 688349 has more cash than its total debt.
Reducing Debt: 688349's debt to equity ratio has increased from 3% to 35.9% over the past 5 years.
Debt Coverage: 688349's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688349 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 | 2025/01/10 11:13 |
| 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 |
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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
Sany Renewable Energy Co.,Ltd. is covered by 8 analysts. 8 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 |
|---|---|
| Ran Zhou | China Galaxy Securities Co., Ltd. |
| Lin Huang | China Galaxy Securities Co., Ltd. |
| Yunji Che | China International Capital Corporation Limited |