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
Is 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.