Shandong Sacred Sun Power SourcesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Sacred Sun Power SourcesLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥399.3M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.2B respectively. Shandong Sacred Sun Power SourcesLtd's EBIT is CN¥128.4M making its interest coverage ratio -15.4. It has cash and short-term investments of CN¥510.8M.
Key information
17.4%
Debt to equity ratio
CN¥399.26m
Debt
| Interest coverage ratio | -15.4x |
| Cash | CN¥510.76m |
| Equity | CN¥2.29b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥3.54b |
Recent financial health updates
Recent updates
Does Shandong Sacred Sun Power SourcesLtd (SZSE:002580) Have A Healthy Balance Sheet?
Jan 07
Further Upside For Shandong Sacred Sun Power Sources Co.,Ltd (SZSE:002580) Shares Could Introduce Price Risks After 26% Bounce
Nov 26Why Shandong Sacred Sun Power SourcesLtd's (SZSE:002580) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04Shandong Sacred Sun Power SourcesLtd (SZSE:002580) Has Announced That It Will Be Increasing Its Dividend To CN¥0.057
Jun 19Shandong Sacred Sun Power SourcesLtd's (SZSE:002580) Profits May Not Reveal Underlying Issues
Apr 26Returns Are Gaining Momentum At Shandong Sacred Sun Power SourcesLtd (SZSE:002580)
Apr 17Shandong Sacred Sun Power Sources Co.,Ltd (SZSE:002580) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 07Financial Position Analysis
Short Term Liabilities: 002580's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥817.4M).
Long Term Liabilities: 002580's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥432.4M).
Debt to Equity History and Analysis
Debt Level: 002580 has more cash than its total debt.
Reducing Debt: 002580's debt to equity ratio has reduced from 27.6% to 17.4% over the past 5 years.
Debt Coverage: 002580's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 002580 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 | 2025/01/12 12:15 |
| 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
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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
Shandong Sacred Sun Power Sources Co.,Ltd is covered by 5 analysts. 0 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 |
|---|---|
| Weijiang He | Central China Securities Co., Ltd. |
| Zhongshu Yin | Everbright Securities Co. Ltd. |
| DaJun Li | Founder Securities Co., Ltd. |