Sieyuan Electric Balance Sheet Health
Financial Health criteria checks 5/6
Sieyuan Electric has a total shareholder equity of CN¥11.1B and total debt of CN¥144.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥18.5B and CN¥7.4B respectively. Sieyuan Electric's EBIT is CN¥1.9B making its interest coverage ratio -33. It has cash and short-term investments of CN¥4.8B.
Key information
1.3%
Debt to equity ratio
CN¥143.98m
Debt
| Interest coverage ratio | -33x |
| Cash | CN¥4.81b |
| Equity | CN¥11.06b |
| Total liabilities | CN¥7.43b |
| Total assets | CN¥18.49b |
Recent financial health updates
Recent updates
Sieyuan Electric's (SZSE:002028) Dividend Will Be Increased To CN¥0.3999
Jun 19
The 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¥14.5B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 002028's short term assets (CN¥14.5B) exceed its long term liabilities (CN¥187.0M).
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% to 1.3% over the past 5 years.
Debt Coverage: 002028's debt is well covered by operating cash flow (1780%).
Interest Coverage: 002028 earns more interest than it pays, so coverage of interest payments is not a concern.