Sinostar Cable Balance Sheet Health
Financial Health criteria checks 2/6
Sinostar Cable has a total shareholder equity of CN¥1.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are CN¥4.1B and CN¥2.4B respectively. Sinostar Cable's EBIT is CN¥121.1M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥682.1M.
Key information
103.1%
Debt to equity ratio
CN¥1.75b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥682.14m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥4.11b |
Recent financial health updates
No updates
Recent updates
Sinostar Cable Co., Ltd's (SZSE:300933) 43% Price Boost Is Out Of Tune With Earnings
Oct 09
Some Investors May Be Worried About Sinostar Cable's (SZSE:300933) Returns On Capital
Sep 29More Unpleasant Surprises Could Be In Store For Sinostar Cable Co., Ltd's (SZSE:300933) Shares After Tumbling 28%
Jul 18Sinostar Cable (SZSE:300933) Might Be Having Difficulty Using Its Capital Effectively
May 28Subdued Growth No Barrier To Sinostar Cable Co., Ltd (SZSE:300933) With Shares Advancing 36%
Mar 06Financial Position Analysis
Short Term Liabilities: 300933's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300933's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥501.9M).
Debt to Equity History and Analysis
Debt Level: 300933's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: 300933's debt to equity ratio has increased from 57.9% to 103.1% over the past 5 years.
Debt Coverage: 300933's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300933's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:53 |
| End of Day Share Price | 2024/12/26 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
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Analyst Sources
Sinostar Cable Co., Ltd is covered by 0 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 |
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