Sieyuan Electric Balance Sheet Health
Financial Health criteria checks 5/6
Sieyuan Electric has a total shareholder equity of CN¥12.0B and total debt of CN¥206.8M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥21.6B and CN¥9.6B respectively. Sieyuan Electric's EBIT is CN¥2.1B making its interest coverage ratio -22.3. It has cash and short-term investments of CN¥5.1B.
Key information
1.7%
Debt to equity ratio
CN¥206.80m
Debt
| Interest coverage ratio | -22.3x |
| Cash | CN¥5.12b |
| Equity | CN¥12.04b |
| Total liabilities | CN¥9.59b |
| Total assets | CN¥21.63b |
Recent financial health updates
We Think Sieyuan Electric (SZSE:002028) Can Manage Its Debt With Ease
Sep 15
Is Sieyuan Electric (SZSE:002028) Using Too Much Debt?
May 22Recent updates
We Like These Underlying Return On Capital Trends At Sieyuan Electric (SZSE:002028)
Dec 31Is Now The Time To Put Sieyuan Electric (SZSE:002028) On Your Watchlist?
Oct 15Sieyuan Electric Co., Ltd. (SZSE:002028) Not Flying Under The Radar
Sep 30We Think Sieyuan Electric (SZSE:002028) Can Manage Its Debt With Ease
Sep 15Sieyuan Electric's (SZSE:002028) Dividend Will Be Increased To CN¥0.3999
Jun 19The Return Trends At Sieyuan Electric (SZSE:002028) Look Promising
Jun 06Is Sieyuan Electric (SZSE:002028) Using Too Much Debt?
May 22The Sieyuan Electric Co., Ltd. (SZSE:002028) Annual Results Are Out And Analysts Have Published New Forecasts
Apr 22Sieyuan Electric Co., Ltd.'s (SZSE:002028) Popularity With Investors Is Under Threat From Overpricing
Apr 16Sieyuan Electric (SZSE:002028) Is Experiencing Growth In Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 002028's short term assets (CN¥17.2B) exceed its short term liabilities (CN¥9.4B).
Long Term Liabilities: 002028's short term assets (CN¥17.2B) exceed its long term liabilities (CN¥185.8M).
Debt to Equity History and Analysis
Debt Level: 002028 has more cash than its total debt.
Reducing Debt: 002028's debt to equity ratio has increased from 0.4% to 1.7% over the past 5 years.
Debt Coverage: 002028's debt is well covered by operating cash flow (1138.4%).
Interest Coverage: 002028 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 16:37 |
| 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
Sieyuan Electric Co., Ltd. is covered by 31 analysts. 14 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 |
|---|---|
| Ling Han | BOCI Research Ltd. |
| Haolong Deng | Changjiang Securities Co. LTD. |
| Tao Zeng | China International Capital Corporation Limited |