Sineng Electric Co.,Ltd.

SZSE:300827 Stock Report

Market Cap: CN¥15.9b

Sineng ElectricLtd Balance Sheet Health

Financial Health criteria checks 4/6

Sineng ElectricLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are CN¥7.4B and CN¥5.4B respectively. Sineng ElectricLtd's EBIT is CN¥420.7M making its interest coverage ratio 18.3. It has cash and short-term investments of CN¥1.9B.

Key information

86.0%

Debt to equity ratio

CN¥1.76b

Debt

Interest coverage ratio18.3x
CashCN¥1.89b
EquityCN¥2.05b
Total liabilitiesCN¥5.39b
Total assetsCN¥7.43b

Recent financial health updates

These 4 Measures Indicate That Sineng ElectricLtd (SZSE:300827) Is Using Debt Reasonably Well

Nov 25
These 4 Measures Indicate That Sineng ElectricLtd (SZSE:300827) Is Using Debt Reasonably Well

Here's Why Sineng ElectricLtd (SZSE:300827) Can Manage Its Debt Responsibly

Jun 12
Here's Why Sineng ElectricLtd (SZSE:300827) Can Manage Its Debt Responsibly

Recent updates

These 4 Measures Indicate That Sineng ElectricLtd (SZSE:300827) Is Using Debt Reasonably Well

Nov 25
These 4 Measures Indicate That Sineng ElectricLtd (SZSE:300827) Is Using Debt Reasonably Well

Why Investors Shouldn't Be Surprised By Sineng Electric Co.,Ltd.'s (SZSE:300827) 40% Share Price Surge

Oct 09
Why Investors Shouldn't Be Surprised By Sineng Electric Co.,Ltd.'s (SZSE:300827) 40% Share Price Surge

There Are Reasons To Feel Uneasy About Sineng ElectricLtd's (SZSE:300827) Returns On Capital

Sep 25
There Are Reasons To Feel Uneasy About Sineng ElectricLtd's (SZSE:300827) Returns On Capital

Sineng ElectricLtd's (SZSE:300827) Earnings Are Weaker Than They Seem

Sep 03
Sineng ElectricLtd's (SZSE:300827) Earnings Are Weaker Than They Seem

Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?

Aug 26
Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?

Investors Appear Satisfied With Sineng Electric Co.,Ltd.'s (SZSE:300827) Prospects As Shares Rocket 27%

Jul 21
Investors Appear Satisfied With Sineng Electric Co.,Ltd.'s (SZSE:300827) Prospects As Shares Rocket 27%

Here's Why Sineng ElectricLtd (SZSE:300827) Can Manage Its Debt Responsibly

Jun 12
Here's Why Sineng ElectricLtd (SZSE:300827) Can Manage Its Debt Responsibly

Sineng Electric Co.,Ltd. Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next

Apr 24
Sineng Electric Co.,Ltd. Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next

Some Investors May Be Worried About Sineng ElectricLtd's (SZSE:300827) Returns On Capital

Apr 15
Some Investors May Be Worried About Sineng ElectricLtd's (SZSE:300827) Returns On Capital

Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?

Mar 25
Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?

After Leaping 36% Sineng Electric Co.,Ltd. (SZSE:300827) Shares Are Not Flying Under The Radar

Mar 06
After Leaping 36% Sineng Electric Co.,Ltd. (SZSE:300827) Shares Are Not Flying Under The Radar

Financial Position Analysis

Short Term Liabilities: 300827's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥5.2B).

Long Term Liabilities: 300827's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥180.8M).

Debt to Equity History and Analysis

Debt Level: 300827 has more cash than its total debt.

Reducing Debt: 300827's debt to equity ratio has increased from 25% to 86% over the past 5 years.

Debt Coverage: 300827's debt is not well covered by operating cash flow (6.4%).

Interest Coverage: 300827's interest payments on its debt are well covered by EBIT (18.3x coverage).

Balance Sheet

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