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¥1.7B, which brings its debt-to-equity ratio to 84.9%. 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
84.9%
Debt to equity ratio
CN¥1.74b
Debt
Interest coverage ratio | 18.3x |
Cash | CN¥1.89b |
Equity | CN¥2.05b |
Total liabilities | CN¥5.39b |
Total assets | CN¥7.43b |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Sineng Electric Co.,Ltd.'s (SZSE:300827) 40% Share Price Surge
Oct 09There Are Reasons To Feel Uneasy About Sineng ElectricLtd's (SZSE:300827) Returns On Capital
Sep 25Sineng ElectricLtd's (SZSE:300827) Earnings Are Weaker Than They Seem
Sep 03Does Sineng ElectricLtd (SZSE:300827) Deserve A Spot On Your Watchlist?
Aug 26Investors Appear Satisfied With Sineng Electric Co.,Ltd.'s (SZSE:300827) Prospects As Shares Rocket 27%
Jul 21Here's Why Sineng ElectricLtd (SZSE:300827) Can Manage Its Debt Responsibly
Jun 12Sineng Electric Co.,Ltd. Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next
Apr 24Some 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¥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 84.9% over the past 5 years.
Debt Coverage: 300827's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 300827's interest payments on its debt are well covered by EBIT (18.3x coverage).