Sungrow Power Supply Co., Ltd.

SZSE:300274 Stock Report

Market Cap: CN¥146.5b

Sungrow Power Supply Balance Sheet Health

Financial Health criteria checks 5/6

Sungrow Power Supply has a total shareholder equity of CN¥27.0B and total debt of CN¥11.1B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥80.0B and CN¥53.1B respectively. Sungrow Power Supply's EBIT is CN¥10.1B making its interest coverage ratio 59.4. It has cash and short-term investments of CN¥17.3B.

Key information

41.2%

Debt to equity ratio

CN¥11.10b

Debt

Interest coverage ratio59.4x
CashCN¥17.28b
EquityCN¥26.96b
Total liabilitiesCN¥53.08b
Total assetsCN¥80.04b

Recent financial health updates

No updates

Recent updates

Estimating The Fair Value Of Sungrow Power Supply Co., Ltd. (SZSE:300274)

Apr 09
Estimating The Fair Value Of Sungrow Power Supply Co., Ltd. (SZSE:300274)

There's No Escaping Sungrow Power Supply Co., Ltd.'s (SZSE:300274) Muted Earnings Despite A 28% Share Price Rise

Mar 11
There's No Escaping Sungrow Power Supply Co., Ltd.'s (SZSE:300274) Muted Earnings Despite A 28% Share Price Rise

Financial Position Analysis

Short Term Liabilities: 300274's short term assets (CN¥67.3B) exceed its short term liabilities (CN¥43.0B).

Long Term Liabilities: 300274's short term assets (CN¥67.3B) exceed its long term liabilities (CN¥10.0B).


Debt to Equity History and Analysis

Debt Level: 300274 has more cash than its total debt.

Reducing Debt: 300274's debt to equity ratio has increased from 27.1% to 41.2% over the past 5 years.

Debt Coverage: 300274's debt is well covered by operating cash flow (78%).

Interest Coverage: 300274's interest payments on its debt are well covered by EBIT (59.4x coverage).


Balance Sheet


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