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 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
No updates
Recent updates
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).