Guangdong Shunna Electric Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shunna Electric has a total shareholder equity of CN¥947.7M and total debt of CN¥200.3M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥2.7B and CN¥1.8B respectively. Guangdong Shunna Electric's EBIT is CN¥144.1M making its interest coverage ratio 23.4. It has cash and short-term investments of CN¥174.7M.
Key information
21.1%
Debt to equity ratio
CN¥200.28m
Debt
| Interest coverage ratio | 23.4x |
| Cash | CN¥174.66m |
| Equity | CN¥947.66m |
| Total liabilities | CN¥1.80b |
| Total assets | CN¥2.75b |
Recent financial health updates
No updates
Recent updates
There's Been No Shortage Of Growth Recently For Guangdong Shunna Electric's (SZSE:000533) Returns On Capital
Oct 01
Guangdong Shunna Electric Co., Ltd's (SZSE:000533) Share Price Not Quite Adding Up
Jun 06Guangdong Shunna Electric's (SZSE:000533) Earnings May Just Be The Starting Point
May 06Earnings Tell The Story For Guangdong Shunna Electric Co., Ltd (SZSE:000533) As Its Stock Soars 29%
Mar 07Guangdong Shunna Electric (SZSE:000533) Is Experiencing Growth In Returns On Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 000533's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000533's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥231.9M).
Debt to Equity History and Analysis
Debt Level: 000533's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 000533's debt to equity ratio has reduced from 54.2% to 21.1% over the past 5 years.
Debt Coverage: 000533's debt is well covered by operating cash flow (108.8%).
Interest Coverage: 000533's interest payments on its debt are well covered by EBIT (23.4x coverage).