SUFA Technology Industry CNNC Balance Sheet Health
Financial Health criteria checks 4/6
SUFA Technology Industry CNNC has a total shareholder equity of CN¥2.0B and total debt of CN¥342.4M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CN¥3.5B and CN¥1.4B respectively. SUFA Technology Industry CNNC's EBIT is CN¥50.9M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥122.3M.
Key information
16.8%
Debt to equity ratio
CN¥342.35m
Debt
| Interest coverage ratio | -0.4x |
| Cash | CN¥122.32m |
| Equity | CN¥2.04b |
| Total liabilities | CN¥1.44b |
| Total assets | CN¥3.47b |
Recent financial health updates
Here's Why SUFA Technology Industry CNNC (SZSE:000777) Has A Meaningful Debt Burden
Dec 18
Does SUFA Technology Industry CNNC (SZSE:000777) Have A Healthy Balance Sheet?
Jul 23Is SUFA Technology Industry CNNC (SZSE:000777) A Risky Investment?
Mar 06Recent updates
Here's Why SUFA Technology Industry CNNC (SZSE:000777) Has A Meaningful Debt Burden
Dec 18SUFA Technology Industry CNNC (SZSE:000777) Shareholders Will Want The ROCE Trajectory To Continue
Oct 22Take Care Before Diving Into The Deep End On SUFA Technology Industry Co., Ltd., CNNC (SZSE:000777)
Oct 01One SUFA Technology Industry Co., Ltd., CNNC (SZSE:000777) Broker Just Cut Their Revenue Forecasts By 11%
Sep 02Does SUFA Technology Industry CNNC (SZSE:000777) Have A Healthy Balance Sheet?
Jul 23With EPS Growth And More, SUFA Technology Industry CNNC (SZSE:000777) Makes An Interesting Case
Jun 24Shareholders Will Be Pleased With The Quality of SUFA Technology Industry CNNC's (SZSE:000777) Earnings
May 01SUFA Technology Industry Co., Ltd., CNNC's (SZSE:000777) Shares Climb 31% But Its Business Is Yet to Catch Up
Apr 18Here's Why We Think SUFA Technology Industry CNNC (SZSE:000777) Is Well Worth Watching
Mar 25Is SUFA Technology Industry CNNC (SZSE:000777) A Risky Investment?
Mar 06Financial Position Analysis
Short Term Liabilities: 000777's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000777's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥65.2M).
Debt to Equity History and Analysis
Debt Level: 000777's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 000777's debt to equity ratio has increased from 10.5% to 16.8% over the past 5 years.
Debt Coverage: 000777's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000777 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 | 2024/12/24 18:44 |
| End of Day Share Price | 2024/12/24 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 |
| |
| 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
SUFA Technology Industry Co., Ltd., CNNC is covered by 11 analysts. 3 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 |
|---|---|
| Weixiu Guo | China International Capital Corporation Limited |
| Xuan Wang | China Stock Investment Research Co. Ltd. (GZ500..com) |
| Pengwei Hua | Citic Securities Co., Ltd. |