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¥129.6M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥3.3B and CN¥1.3B respectively. SUFA Technology Industry CNNC's EBIT is CN¥50.4M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥80.0M.
Key information
6.5%
Debt to equity ratio
CN¥129.60m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥79.98m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥3.29b |
Recent financial health updates
Recent updates
Shareholders Will Be Pleased With The Quality of SUFA Technology Industry CNNC's (SZSE:000777) Earnings
May 01
SUFA 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¥2.2B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 000777's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥37.5M).
Debt to Equity History and Analysis
Debt Level: 000777's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 000777's debt to equity ratio has increased from 5.8% to 6.5% 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.