Sineng ElectricLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sineng ElectricLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥643.3M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥6.2B and CN¥4.4B respectively. Sineng ElectricLtd's EBIT is CN¥309.1M making its interest coverage ratio 32.9. It has cash and short-term investments of CN¥1.1B.
Key information
35.4%
Debt to equity ratio
CN¥643.25m
Debt
| Interest coverage ratio | 32.9x |
| Cash | CN¥1.12b |
| Equity | CN¥1.82b |
| Total liabilities | CN¥4.41b |
| Total assets | CN¥6.23b |
Recent financial health updates
No updates
Recent updates
Sineng Electric Co.,Ltd. Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next
Apr 24
Some Investors May Be Worried About Sineng ElectricLtd's (SZSE:300827) Returns On Capital
Apr 15Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?
Mar 25After Leaping 36% Sineng Electric Co.,Ltd. (SZSE:300827) Shares Are Not Flying Under The Radar
Mar 06Financial Position Analysis
Short Term Liabilities: 300827's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 300827's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥178.5M).
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 23.5% to 35.4% over the past 5 years.
Debt Coverage: 300827's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300827's interest payments on its debt are well covered by EBIT (32.9x coverage).