Guangdong Shunna Electric Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Shunna Electric has a total shareholder equity of CN¥1.0B and total debt of CN¥184.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥2.9B and CN¥1.9B respectively. Guangdong Shunna Electric's EBIT is CN¥156.3M making its interest coverage ratio 33.3. It has cash and short-term investments of CN¥136.8M.
Key information
18.3%
Debt to equity ratio
CN¥184.02m
Debt
| Interest coverage ratio | 33.3x |
| Cash | CN¥136.81m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000533's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000533's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥227.8M).
Debt to Equity History and Analysis
Debt Level: 000533's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 000533's debt to equity ratio has reduced from 52.1% to 18.3% over the past 5 years.
Debt Coverage: 000533's debt is well covered by operating cash flow (107.4%).
Interest Coverage: 000533's interest payments on its debt are well covered by EBIT (33.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:11 |
| End of Day Share Price | 2024/12/27 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
Guangdong Shunna Electric Co., Ltd is covered by 4 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 |
|---|---|
| Min Ji | China Merchants Securities Co. Ltd. |
| Dongfeng Zhang | Cinda Securities Co., Ltd |
| Zejing Zhang | Shenwan Hongyuan Securities |